On or around 08/28/2019 (Notice of voluntarily dismissal)
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.
This case was voluntarily dismissed on August 28. 2019.
Company & Securities Information
Defendant: DST Systems, Inc.
Industry: Business Services
Headquarters: United States
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.
First Identified Complaint
Brian Scott, et al. v. DST Systems, Inc., et al.
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:
Faruqi & Faruqi LLP (Wilmington)
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934
U.S. District Court Civil Docket
Plaintiff's Notice of Voluntary Dismissal
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available