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Case Status:    DISMISSED    
On or around 10/25/2017 (Notice of voluntarily dismissal)

Filing Date: October 20, 2017

According to the Complaint, this action stems from a proposed transaction announced on September 27, 2017 (the “Proposed Transaction”), pursuant to which Alcobra Ltd. (“Alcobra” or the “Company”) will merge with Arcturus Therapeutics, Inc. (“Arcturus”) in an all-stock transaction.

On September 27, 2017, Alcobra’s Board of Directors (the “Board” or “Individual Defendants”) caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Arcturus and Aleph Mergersub Inc. (“Merger Sub”).

On September 28, 2017, Alcobra filed two Form 6-Ks with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. To date, Alcobra has not filed a proxy statement or proxy card with the SEC in connection with the Proposed Transaction, and plaintiff has not received a proxy statement or proxy card by mail. Accordingly, plaintiff seeks to enjoin the November 2, 2017 Stockholder Vote on the Proposed Transaction, as stockholders cannot make an informed decision with respect to the
merger without a proxy statement.

On October 25, 2017, this case was voluntarily dismissed.


Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: Israel


Ticker Symbol: ADHD
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.
COURT: E.D. Pennsylvania
DOCKET #: 17-CV-04692
JUDGE: Hon. Jan E. Dubois
DATE FILED: 10/20/2017
CLASS PERIOD END: 10/20/2017
  1. Law Offices of Marc S. Henzel
  2. Profy Promisloff & Ciarlanto, P.C.
  3. Rigrodsky & Long, P.A.
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available