West Marine, Inc. is an American company based in Florida, which operates a chain of boating supply and fishing retail stores.

According to the Complaint, on June 29, 2017, the Board caused the Company to enter into an agreement and plan of merger, pursuant to which the Company’s shareholders stand to receive $12.97 in cash for each share of West Marine stock they own.

On July 24, 2017, in order to convince West Marine shareholders to vote in favor of the Proposed Merger, the Complaint alleges the Board authorized the filing of a materially incomplete and misleading Preliminary Proxy Statement on a Schedule 14A with the Securities and Exchange Commission, in violation of Sections 14(a) and 20(a) of the Exchange Act.

This case was voluntarily dismissed as moot on October 18, 2017.