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Case Status:    DISMISSED    
On or around 02/19/2019 (Court's order of dismissal)

Filing Date: October 12, 2017

NeuStar, Inc. (“NeuStar” or the “Company”) is an information services and technology company that provides identity resolution tools.

This action relates directly to the acquisition of NeuStar by Golden Gate Private Equity, Inc. through its newly formed entities, Aerial Topco, L.P. and its wholly-owned subsidiary Aerial Merger Sub, Inc. The Transaction closed on August 8, 2017.

On December 14, 2016, NeuStar entered into an agreement and plan of merger (the “Merger Agreement”). Per the terms of the Merger Agreement, stockholders of NeuStar would receive $33.50 per share in cash. The terms of the Merger Agreement were approved by NeuStar’s Board of Directors.

On January 17, 2017, Defendants filed a Preliminary Proxy Statement with the U.S. Securities and Exchange Commission in connection with the Transaction, and on February 3, 2017, Defendants filed a Definitive Proxy Statement with the SEC in connection with the Transaction.

The Complaint alleges that the Proxy omits material information with respect to the Transaction, which renders the Proxy false and misleading. The Complaint further alleges that the Proxy contains materially incomplete and misleading disclosures concerning the financial analyses performed by NeuStar’s financial advisor, which also renders the Proxy false and misleading.

On December 29, 2017, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on January 19, 2018. Defendants filed a Motion to Dismiss the amended Complaint on February 9. On February 19, 2019, the Court issued an Order granting Defendants' Motion to Dismiss.

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