On or around 12/03/2015 (Court's order of dismissal)
Filing Date: September 22, 2015
According to the Complaint, on June 29, 2015, First Merchants and the Company announced that they had entered into a definitive agreement (the “Merger Agreement”) whereby Ameriana will merge with and into First Merchants, and Ameriana’s wholly owned bank subsidiary, Ameriana Bank, will merge with and into First Merchants Bank, NA (the “Proposed Transaction”).
The Complaint alleges on August 26, 2015, the Company, with First Merchants, filed a Registration Statement on Form S-4 (the “Registration Statement”) with the SEC relating to the Proposed Transaction. The Registration Statement fails to provide the Company’s shareholders with material information and also provides them with materially misleading information, thereby rendering the public shareholders unable to make an informed decision whether to vote in favor of the Proposed Transaction.
This case was voluntarily dismissed on December 3, 2015.
Company & Securities Information
Defendant: Ameriana Bancorp
Industry: Money Center Banks
Headquarters: United States
Ticker Symbol: ASBI
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.
First Identified Complaint
Darrell F. Ewing, et al. v. Ameriana Bancorp, et al.