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Case Status:    DISMISSED    
On or around 06/12/2018 (Court's order of dismissal)

Filing Date: March 08, 2018

Gener8 Maritime, Inc. ("Gener8") engages in the transportation of international seaborne crude oil and petroleum products.

According to the Complaint, on January 31, 2018, Gener8 and Euronav NN ("Euronav") issued a press release announcing the Proposed Transaction. The terms of the Proposed Transaction were memorialized in a December 20, 2017, filing with the Securities and Exchange Commission (“SEC”) on Form 8-K attaching the definitive Agreement and Plan of Merger (the “Merger Agreement”). The Complaint alleges that in violation of sections 14(a) and 20(a) of the Securities and Exchange Act of 1934 (the “Exchange Act”), and in violation of their fiduciary duties, Defendants caused to be filed the materially deficient F-4 on February 14, 2018 with the United States Securities and Exchange Commission (“SEC”) in an effort to solicit stockholders to vote their Gener8 shares in favor of the Proposed Transaction.

Plaintiff voluntarily dismissed this case on May 11, 2018.

COMPANY INFORMATION:

Sector: Transportation
Industry: Water Transportation
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: GNRT
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: S.D. New York
DOCKET #: 18-CV-02097
JUDGE: Hon. J. Paul Oetken
DATE FILED: 03/08/2018
CLASS PERIOD START: 01/31/2018
CLASS PERIOD END: 03/08/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Brodsky & Smith, LLC (New York)
    240 Mineola Boulevard, Brodsky & Smith, LLC (New York), NY 11501
    516.741.4977 516.741.0626 · clients@brodsky-smith.com
No Document Title Filing Date
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—Related District Court Filings Data is not available