Entropic Communications, Inc. Securities Litigation
On or around 02/25/2015 (Ongoing date of last review)
Filing Date: February 25, 2015
According to the Complaint, Entropic is a world leader in semiconductor solutions for the connected home. On February 3, 2015, Entropic and MaxLinear announced that they had entered into a definitive merger agreement (the "Merger Agreement") under which Entropic would be acquired by MaxLinear.
The Complaint alleges the Proposed Acquisition is the result of an unfair sales process designed to ensure that only MaxLinear has the opportunity to acquire Entropic.
Company & Securities Information
Defendant: Entropic Communications, Inc.
Headquarters: United States
Ticker Symbol: ENTR
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
Anthony Badolato, et al. v. Entropic Communications, Inc., et al.