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Case Status:    ONGOING    
On or around 09/21/2017 (Ongoing date of last review)

Filing Date: September 21, 2017

According to the Complaint, this action stems from two related proposed transactions announced on July 10,
2017, pursuant to which Westar Energy, Inc. (“Westar” or the “Company”) and Great Plains Energy Incorporated (“Great Plains”) will be combined in a “merger of equals” under a new holding company named Monarch Energy Holding, Inc. (“Monarch”). Specifically, pursuant to the July 9, 2017 amended and restated agreement and plan
of merger (the “Merger Agreement”) between Westar, Great Plains, Monarch, and certain related entities, in one proposed transaction, Great Plains will merge with and into Monarch, with Monarch to continue as the surviving corporation (the “Great Plains Merger”). In the other proposed transaction, Westar will merge with and into King Energy, Inc. (“King”), a wholly owned subsidiary of Monarch, with Westar to continue as the surviving corporation (the “Westar Merger,” and, collectively with the Great Plains Merger, the “Proposed Transactions” or “Mergers”).

The Complaint alleges that in soliciting shareholder approval for the Proposed Transactions, Defendants issued
the S-4, which purports to contain a summary/overview of the Proposed Transactions, but omits certain critical information, rendering portions of the S-4 materially incomplete and/or misleading, in violation of the Securities Act.

COMPANY INFORMATION:

Sector: Utilities
Industry: Electric Utilities
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: WR
Company Market: New York SE
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: D. Kansas
DOCKET #: 17-CV-04086
JUDGE: Hon. Daniel D. Crabtree
DATE FILED: 09/21/2017
CLASS PERIOD START: 07/10/2017
CLASS PERIOD END: 09/21/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Joseph, Hollander & Craft, LLC
    500 N. Market St., Joseph, Hollander & Craft, LLC
    316-262-9393 316-262-9006 · mmoe@josephhollander.com
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