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Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research

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Landauer, Inc.

Case Summary

Landauer, Inc. Securities Litigation

Case Summary

Case Status:    DISMISSED  
—On or around 12/19/2018 (Notice of voluntarily dismissal)
Current/Last Presiding Judge:  
Hon. John E. Jones, III

Filing Date: September 25, 2017

Landauer, Inc. supplies personnel radiation monitoring services. These devices are known as dosimeters and are worn as badges by doctors, technicians and scientists.

According to the Complaint, this action stems from a Proposed Transaction announced on September 6, 2017, pursuant to which Landauer, Inc. will be acquired by Fortive Corporation and its indirect, wholly-owned subsidiary, Fern Merger Sub Inc.

The Complaint alleges that the Solicitation Statement filed with the SEC omits material information regarding the Proposed Transaction, which renders the Solicitation Statement false and misleading.

This case was voluntarily dismissed on December 19, 2018.

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