According to the Complaint, NewStar Financial, Inc. ("NewStar" or the Company) is an internally managed, commercial finance company with $7.3 billion of assets managed across two complementary business lines: middle market direct lending and asset management.

This action stems from a Proposed Transaction announced on October 17, 2017, pursuant to which NewStar will be acquired by affiliates of First Eagle Investment Management, LLC. On October 16, 2017, NewStar’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with First Eagle Holdings, Inc, FE Holdco, LLC, and FE Merger Sub, Inc. Under the terms of the Merger Agreement, shareholders of NewStar will receive $11.44 per share in cash and one contractual contingent value right.

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

The Complaint alleges that the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for December 21, 2017, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on December 22, 2017.