Case Page

 

Case Status:    DISMISSED    
On or around 07/12/2018 (Other)

Filing Date: March 05, 2018

Crystal Rock, the largest independent home and office distributor of its kind in the United States, markets water, coffee, and other home and office refreshment products throughout the Northeast through its subsidiary Crystal Rock LLC. The Company bottles and distributes natural spring water under the Vermont Pure@ brand, purified water with minerals added under the Crystal Rock® label, and its own Cool Beans® coffee. The majority of the Company's sales are derived from its extensive route distribution system throughout the Northeast United States.

This action stems from a proposed transaction announced on February 18, 2018 ("Proposed Transaction"), pursuant to which Crystal Rock Holdings, Inc. ("Crystal Rock" or "Company") will be acquired by Cott Corporation ("Parent") and CR Merger Sub, Inc. ("Merger Sub," and together with Parent, "Cott") through a tender offer currently set to expire on March 20, 2018.

On February 20, 2018, Defendants filed a Solicitation/Recommendation Statement ("Solicitation Statement") with the United States Securities and Exchange Commission ("SEC") in connection with the Proposed Transaction. The Complaint alleges that the Solicitation Statement omits material information with respect to the Proposed Transaction, which renders the Solicitation Statement false and misleading.

This case was voluntarily dismissed as moot on July 11, 2018.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Beverages (Non-Alcoholic)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CRVP
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. Connecticut
DOCKET #: 18-CV-00398
JUDGE: Hon. Victor A. Bolden
DATE FILED: 03/05/2018
CLASS PERIOD START: 02/18/2018
CLASS PERIOD END: 03/05/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Lachtman Cohen P.C.
    500 West Putnam Avenue, Suite 400, Lachtman Cohen P.C., CT 06830
    203.404.4960 ·
  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 ·
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