On or around 09/18/2017 (Ongoing date of last review)
Filing Date: September 15, 2017
According to the Complaint, it is alleged that to ensure the success of the Proposed Transaction, the Monster Board issued the Proxy Statement that fails to provide all material information. In particular, the Proxy Statement does not include a fair summary of the financial analyses performed by Benchmark and fails to disclose the projections for Monster (including a GAAP to Non-GAAP reconciliation mandated by the SEC).
Company & Securities Information
Defendant: Monster Digital, Inc.
Industry: Computer Peripherals
Headquarters: United States
Ticker Symbol: MSDI
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
Emmanuel Oludele, et al. v. Monster Digital, Inc., et al.
COURT: C.D. California
DOCKET #: 17-CV-06810
JUDGE: Hon. Dolly M. Gee
DATE FILED: 09/15/2017
CLASS PERIOD START: 06/19/2017
CLASS PERIOD END: 09/15/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Monteverde & Associates PC 350 Fifth Avenue, 59th Floor, Monteverde & Associates PC, NY 10118 (212) 971-1341 ·