Case Page

 

Case Status:    ONGOING    
On or around 11/27/2018 (Ongoing date of last review)

Filing Date: November 15, 2018

According to the Complaint, Hortonworks, Inc. provides global data management solutions via open-source platforms, which individual customers can modify and share with others through the Company’s central repository. The Company serves clients throughout the world.

On October 3, 2018, the Company announced the the proposed merger (the “Proposed Transaction”) of Hortonworks and Cloudera, Inc. in a press release.

The Complaint alleges that on November 5, 2018, in order to convince Hortonworks shareholders to vote in favor of the Proposed Transaction, the Board authorized the filing of a materially incomplete and misleading Registration Statement on Form S-4 (the “S-4”) with the Securities and Exchange Commission (“SEC”), in violation of Sections 14(a) and 20(a) of the Exchange Act.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: HDP
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.
COURT: N.D. California
DOCKET #: 18-CV-06923
JUDGE: Hon. Richard Seeborg
DATE FILED: 11/15/2018
CLASS PERIOD START: 10/03/2018
CLASS PERIOD END: 11/15/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Faruqi & Faruqi LLP (Los Angeles)
    10866 Wilshire Boulevard Suite 1470, Faruqi & Faruqi LLP (Los Angeles), CA 90067
    (424) 256-2884 (424) 256-2885 ·
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available