On or around 11/07/2018 (Ongoing date of last review)
Filing Date: November 06, 2018
According to the Complaint, OvaScience is a pharmaceutical company focused on the discovery and development of new treatment options for women and families struggling with infertility.
On August 9, 2018, OvaScience and Millendo Therapeutics, Inc. (“Millendo”) issued a press release announcing they had entered into an Agreement and Plan of Merger dated August 8, 2018 (as amended on September 25, 2018 and November 1, 2018, the “Merger Agreement”), pursuant to which OvaScience will merge with Millendo in an all-stock transaction.
On November 6, 2018, OvaScience filed a Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) with the SEC in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement, which recommends that OvaScience stockholders vote in favor of the Proposed Transaction, omits or misrepresents material information concerning, among other things: (i) the financial projections for Millendo, relied upon by OvaScience’s financial advisor in its financial analyses; and (ii) the background process leading to the Proposed Transaction and Company insiders’ potential conflicts of interest.
Company & Securities Information
Defendant: OvaScience, Inc.
Industry: Biotechnology & Drugs
Headquarters: United States
Ticker Symbol: OVAS
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
Roy Adlard, et al. v. OvaScience, Inc., et al.
COURT: D. Massachusetts
DOCKET #: 18-CV-12332
JUDGE: Hon. William G. Young
DATE FILED: 11/06/2018
CLASS PERIOD START: 08/09/2018
CLASS PERIOD END: 11/06/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Bragar Eagel & Squire PC 885 Third Avenue Suite 3040 , Bragar Eagel & Squire PC , NY 10022 212-308-5858 212-214-0506 ·
Matorin Law Office, LLC 18 Grove Street, Suite 5, Matorin Law Office, LLC, MA 02482 (781) 453-0100 ·