On or around 12/17/2018 (Ongoing date of last review)
Filing Date: May 14, 2018
According to the Complaint, Analogic Corporation ("Analogic" or the "Company") is 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 (the “Merger Agreement”) 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 “Proxy”). The Complaint alleges that the Proxy 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.
Company & Securities Information
Defendant: Analogic Corporation
Industry: Electronic Instruments & Controls
Headquarters: United States
Ticker Symbol: ALOG
Company Market: NASDAQ
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
Steve Barta, et al. v. Analogic Corporation, et al.