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Case Status:    DISMISSED    
On or around 01/19/2018 (Other)

Filing Date: October 20, 2017

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

On September 4, 2017, Rockwell'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 UTC. Pursuant to the terns of the Merger Agreement, shareholders of Rockwell will receive $93.33 in cash and a portion of a share of Parent'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 Parent 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 Parent's August 22, 2017 closing share price of $115.69.

On October 10, 2017, defendants filed a Form S-4 Registration Statement (the "Registration Statement") with the United States Securities and Exchange Commission ("SEC") 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.


Sector: Capital Goods
Industry: Aerospace & Defense
Headquarters: United States


Ticker Symbol: COL
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: N.D. Iowa
DOCKET #: 17-CV-00113
JUDGE: Hon. Mark W Bennett
DATE FILED: 10/20/2017
CLASS PERIOD END: 10/20/2017
  1. Baer Law Office
  2. Rigrodsky & Long, P.A.
  3. RM Law, P.C.
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available