Case Page

 

Case Status:    ONGOING    
On or around 09/20/2018 (Ongoing date of last review)

Filing Date: February 20, 2018

DST Systems ("DST") provides information processing and computer software services and products to financial services and healthcare services companies.

On January 11, 2018, DST Systems and SS&C Technologies, Inc. ("SS&C") issued a press release announcing the Proposed Merger, wherein SS&C will acquire DST.

The Complaint alleges that on February 7, 2018, in order to convince DST Systems shareholders to vote in favor of the Proposed Merger, the Board authorized the filing of a materially incomplete and misleading preliminary proxy statement (the “Proxy”) with the Securities and Exchange Commission (“SEC”), in violation of Sections 14(a) and 20(a) of the Exchange Act.

COMPANY INFORMATION:

Sector: Services
Industry: Business Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: DST
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-00286
JUDGE: Hon. Gregory M. Sleet
DATE FILED: 02/20/2018
CLASS PERIOD START: 01/11/2018
CLASS PERIOD END: 02/20/2018
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 ·
No Document Title Filing Date
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—Related District Court Filings Data is not available