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Case Status:    DISMISSED  
—On or around 01/18/2018 (Notice of voluntarily dismissal)
Current/Last Presiding Judge:  
Hon. Leonard T Strand

Filing Date: October 20, 2017

Rockwell Collins, Inc. ("Rockwell" or the Company) is a multinational corporation headquartered in Iowa, providing avionics and information technology systems and services to government agencies and aircraft manufacturers.

According to the Complaint, this action stems from a Proposed Transaction announced on September 4, 2017, pursuant to which Rockwell will be acquired by United Technologies Corporation ("UTC") and its wholly owned subsidiary, Riveter Merger Sub Corp. (together, "UTC2").

On September 4, 2017, Rockwell's Board of Directors caused the Company to enter into an agreement and plan of merger (the "Merger Agreement") with UTC2. Pursuant to the terms of the Merger Agreement, shareholders of Rockwell will receive $93.33 in cash and a portion of a share of UTC's common stock having a value equal to the quotient obtained by dividing $46.67 by the average of the volume-weighted average prices per share of UTC common stock on the New York Stock Exchange for each of the 20 consecutive trading days ending immediately prior to the closing date, subject to a two-way 7.5% collar centered on UTC's August 22, 2017 closing share price of $115.69.

On October 10, 2017, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction.

The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on January 18, 2018.

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