On or around 10/05/2018 (Notice of voluntarily dismissal)
Filing Date: September 28, 2018
This action stems from a proposed transaction (the “Proposed Transaction” or “Merger”) announced on April 29, 2018, pursuant to which Sprint Corporation (“Sprint” or the “Company”) will be acquired by T-Mobile US, Inc. (“T-Mobile”).
According to the Complaint, on April 30, 2018, the Company filed a Form 8-K with the SEC detailing the Proposed Transaction, and included the Merger Agreement dated April 29, 2018. On July 30, 2018, Defendants caused a preliminary proxy statement on Form S-4 (the “Proxy”) to be filed with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. The Complaint alleges that the Proxy omits certain material information with respect to the Proposed Transaction, which renders it false and misleading.
This case was voluntarily dismissed on October 5, 2018.
Company & Securities Information
Defendant: Sprint Corporation
Industry: Communications Services
Headquarters: United States
Ticker Symbol: S
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
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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
Arthur Gober, et al. v. Sprint Corporation, et al.