According to the Complaint, Quality Care Properties, Inc. ("Quality Care" or the "Company") is a real estate investment trust that invests in certain skilled nursing and memory care assisted living properties and medical office buildings, as well as a surgical hospital, throughout the United States.

On April 25, 2018, the Board caused the Company to enter into an agreement and plan of merger, pursuant to which each share of Quality Care common stock will be exchanged for $20.75 in cash.

The Complaint alleges that on June 21, 2018, in order to convince Quality Care shareholders to vote in favor of the Proposed Merger, the Board authorized the filing of a materially incomplete and misleading Definitive Proxy Statement on Schedule 14A with the Securities and Exchange Commission, in violation of Sections 14(a) and 20(a) of the Exchange Act.

This case was voluntarily dismissed on July 13, 2018.