Case Page

 

Case Status:    DISMISSED    
On or around 09/28/2017 (Stipulation and order of dismissal (voluntary dismissal))

Filing Date: April 11, 2017

According to the Complaint, on January 30, 2017, the Royal Bancshares Board of Directors (the "Board" or the "Individual Defendants") caused the Company to enter into a definitive agreement and plan of merger ("Merger Agreement") with Bryn Mawr.

On March 29. 2017. defendants filed a Form S-4 Registration Statement (the "Registration Statement") with the United States Securities and Exchange Commission ("SEC") in connection with the Proposed Transaction. The Complaint alleges the Registration Statement recommends that RBPI stockholders vote in favor of the Proposed Transaction. but omits or misrepresents material information that is preventing RBPI's stockholders from making a fully informed decision with respect to the Proposed Transaction.

COMPANY INFORMATION:

Sector: Financial
Industry: Regional Banks
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: RBPAA
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: E.D. Pennsylvania
DOCKET #: 17-CV-01641
JUDGE: Hon. PETRESE B. TUCKER
DATE FILED: 04/11/2017
CLASS PERIOD START: 01/31/2017
CLASS PERIOD END: 04/11/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Profy Promisloff & Ciarlanto, P.C.
    100 N. 22nd Street, Unit 105 , Profy Promisloff & Ciarlanto, P.C. , PA 19087
    215-259-5156 215-600-2642 ·
  2. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
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