Processing your request


please wait...

Case Page

 

Case Status:    DISMISSED  
—On or around 01/30/2018 (Notice of voluntarily dismissal)
Current/Last Presiding Judge:  
Hon. Gloria M. Navarro

Filing Date: November 06, 2017

Omega Protein Corporation (“Omega” or the “Company”) is an American nutritional products company that develops, produces, and delivers nutrition products throughout the world to improve the nutritional integrity of foods, dietary supplements, and animal feeds. The Company operates in two primary industry segments: animal nutrition and human nutrition.

According to the Complaint, this action stems from a Proposed Transaction announced on October 6, 2017, pursuant to which Omega will be acquired by Cooke Inc. and its wholly-owned subsidiary, Alpha MergerSub, Inc. (together, “Cooke”).

On October 5, 2017, Omega’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Cooke. Pursuant to the terms of the Merger Agreement, if Omega’s shareholders approve the Proposed Transaction, they will receive $22.00 in cash for each share of Omega common stock that they own.

On October 30, 2017, Defendants filed a Preliminary Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction.

The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading. Accordingly, plaintiff alleges herein that Defendants violated Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the Proxy Statement.

On January 30, 2018, this case was voluntarily dismissed.

Protected Content


Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.

When you sign up, you will have the option to save your search queries performed on the Advanced Search form.