On or around 11/26/2018 (Court's order of dismissal)
Filing Date: August 13, 2018
This action stems from a proposed transaction announced on May 21, 2018 (the "Proposed Transaction"), pursuant to which MB Financial, Inc. will be acquired by Fifth Third Bancorp.
On August 3, 2018, Defendants filed a proxy statement/prospectus (the "Prospectus") with the United States Securities and Exchange Commission ("SEC") in connection with the Proposed Transaction.
The Complaint alleges that the Prospectus omits material information with respect to the Proposed Transaction, which renders the Prospectus false and misleading.
On September 24, 2018, this case was voluntarily dismissed as moot.
Company & Securities Information
Defendant: MB Financial, Inc.
Industry: Regional Banks
Headquarters: United States
Ticker Symbol: MBFI
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
Paul Parshall, et al. v. MB Financial, Inc., et al.