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Case Status:    DISMISSED    
On or around 09/30/2019 (Court's order of dismissal)

Filing Date: May 14, 2018

According to the Complaint, Analogic Corporation ("Analogic" or the "Company") is a company that focuses on healthcare and security technology.

On April 10, 2018, Analogic’s Board of Directors (the “Board” or the “Individual Defendants”) caused the Company to enter into an Agreement and Plan of Merger with Altaris Capital Partners, LLC. Pursuant to the terms of the Merger Agreement, each share of Company common stock will be converted into the right to receive $84.00 in cash (the “Merger Consideration”). Upon completion of the Merger, AC Merger Sub, Inc. will merge with and into Analogic, with Analogic surviving as a privately-held company and will cease to be listed on any public market.

On May 2, 2018, Defendants filed a Preliminary Proxy Statement on Schedule 14A with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits certain material information with respect to the Proposed Transaction, which renders it false and misleading, in violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934.

This case was voluntarily dismissed on July 13, 2018. A related case filed under Docket 18-CV-11301 continues. On October 10, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated amended Complaint on November 14. Defendants filed Motions to Dismiss on December 17. On September 30, 2019, the Court issued an Order granting Defendants' Motions to Dismiss and dismissed the amended Complaint with prejudice.

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