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Case Page

 

West Corporation

Case Summary

West Corporation Securities Litigation

Case Summary

Case Status:    DISMISSED  
—On or around 11/01/2017 (Notice of voluntarily dismissal)
Current/Last Presiding Judge:  
Hon. John M. Gerrard

Filing Date: June 26, 2017

West Corporation is a telecommunications company that offers webhosting, webcasting and public relations services.

According to the Complaint, on May 9, 2017, West’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Apollo. Pursuant to the terms of the Merger Agreement, shareholders of West will receive $23.50 per share in cash.

On June 15, 2017, Defendants filed a Preliminary Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on November 1, 2017.

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