Case Page

 

Case Status:    ONGOING    
On or around 05/01/2018 (Ongoing date of last review)

Filing Date: January 18, 2018

According to the Complaint, Almost Family is a leading provider of cost efficient, high quality home healthcare services and related innovations to drive savings for payors and improve patient outcomes and experience. The Company was founded in 1976 and operates over 340 locations across 26 states.

This action stems from a proposed “merger of equals” transaction announced on November 16, 2017 (the “Proposed Transaction”), pursuant to which Almost Family, Inc. (“Almost Family” or the “Company”) will merge with LHC Group, Inc. (“Parent”) and its wholly owned subsidiary, Hammer Merger Sub, Inc. (“Merger Sub,” and together with Parent, “LHC”).

Upon completion of the Proposed Transaction, Parent and Almost Family, and their respective subsidiaries, will operate as a combined company under the name “LHC Group, Inc.,” and Parent’s current stockholders will own approximately 58.5% of the combined company and Almost Family’s current stockholders will own approximately 41.5% of the combined company.

On December 21, 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. Accordingly, plaintiff alleges herein that defendants violated Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “1934 Act”) in connection with the Registration Statement.

COMPANY INFORMATION:

Sector: Services
Industry: Personal Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: AFAM
Company Market: NASDAQ
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: W.D. Kentucky
DOCKET #: 18-CV-00040
JUDGE: Hon. Thomas B. Russell
DATE FILED: 01/18/2018
CLASS PERIOD START: 11/16/2017
CLASS PERIOD END: 01/18/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Burke Neal PLLC
    2200 Dundee Road, Suite C, Burke Neal PLLC, KY 40205
    502.709.9975 ·
  2. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
  3. RM Law, P.C.
    1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312
    (484) 324-6800 ·
No Document Title Filing Date