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Case Status:    DISMISSED    
On or around 11/08/2018 (Notice of voluntarily dismissal)

Filing Date: August 06, 2018

According to the Complaint, KapStone Paper and Packaging Corporation ("KapStone" or the "Company") is a leading North American producer of containerboard, unbleached kraft paper, and corrugated products, and a provider of packaging and logistics solutions. The Company operates four paper mills, twenty-two converting plants, and more than sixty-five warehouses and distribution centers located in North America. The business
employs approximately 6,200 people.

This action stems from a proposed transaction announced on January 29, 2018 (the “Proposed Transaction”), pursuant to which KapStone will be acquired by Westrock Company and its wholly-owned subsidiary, Whiskey Holdco, Inc. (“Holdco,” and together, “Westrock”).

On August 1, 2018, Defendants filed a proxy statement (the “Proxy Statement”) with the United States Securities and Exchange Commission (the “SEC”) in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for September 6, 2018, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on November 8, 2018.

COMPANY INFORMATION:

Sector: Basic Materials
Industry: Paper & Paper Products
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: KS
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. Delaware
DOCKET #: 18-CV-01190
JUDGE: Hon. Richard G. Andrews
DATE FILED: 08/06/2018
CLASS PERIOD START: 01/29/2018
CLASS PERIOD END: 08/06/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. 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
  2. RM Law, P.C.
    1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312
    (484) 324-6800 ·
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available