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Case Status:    DISMISSED    
On or around 03/28/2018 (Court's order of dismissal)

Filing Date: January 02, 2018

According to the Complaint, General Cable develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, specialty, and communications markets. The Company's segments include North America, Europe, Latin America, and Africa/Asia Pacific. General Cable also engages in the design, integration, and installation on a turnkey basis for products, such as high and extra-high voltage terrestrial and submarine systems. The Company produces and sells to a range of end markets, including markets for electric utility, electrical infrastructure, communications, construction, and rod mill products.

On December 4, 2017, General Cable and Prysmian issued a press release announcing the Proposed Merger. On December 22, 2017, Defendants caused the Proxy to be filed with the SEC in connection with the Proposed Merger. The Proxy solicits the Company’s shareholders to vote in favor of the Proposed Merger. The Complaint alleges that the Proxy misrepresents and/or omits material information that is necessary for the Company’s shareholders to make an informed decision concerning whether to vote in favor of the Proposed Merger, in violation of Sections 14(a) and 20(a) of the Exchange Act.

This case was voluntarily dismissed as moot on March 26, 2018.


COMPANY INFORMATION:

Sector: Capital Goods
Industry: Constr. - Supplies & Fixtures
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: BGC
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: D. Delaware
DOCKET #: 18-CV-00006
JUDGE: Hon. Leonard P. Stark
DATE FILED: 01/02/2018
CLASS PERIOD START: 12/04/2017
CLASS PERIOD END: 01/02/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Faruqi & Faruqi LLP (Wilmington)
    20 Montchanin Road, Suite 145, Faruqi & Faruqi LLP (Wilmington), DE 19807
    (302) 482-3182 (302) 482-3612 ·
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