According to the Complaint, Rowan Companies PLC is a global provider of offshore contract drilling services to the oil and gas industry in the ultra-deepwater and shallow water market, with a focus on high-specification and harsh-environment jack-up rigs and ultra-deepwater drillships.

On October 8, 2018, Ensco and Rowan issued a joint press release to announce the Proposed Merger between Rowan and Ensco.

On October 30, 2018, Rowan filed the Proxy with the SEC in connection with the Proposed Merger. The Proxy solicits the Company’s shareholders to vote in favor of the Proposed Merger. The Complaint alleges that the Proxy misrepresents and/or omits material information that is necessary for the Company’s shareholders to cast an informed vote regarding Proposed Merger, in violation of Sections 14(a) and 20(a) of the Exchange Act.

This case was voluntarily dismissed on April 1, 2019.