On or around 01/25/2019 (Notice of voluntarily dismissal)
Filing Date: November 16, 2018
According to the Complaint, XO Group has four multi-platform brands that guide couples through transformative life stages: (i) getting married with “The Knot”; (ii) having a healthy and supportive marriage with “Lasting”; (iii) having a baby with “The Bump”; and (iv) bringing important celebrations to life with entertainment vendors from “GigMasters.”
This action stems from a proposed transaction announced on September 25, 2018 (the “Proposed Transaction”), pursuant to which XO Group Inc. (“XO Group” or the “Company”) will be acquired by WeddingWire, Inc. and Wedelia Merger Sub, Corp. (together, “WeddingWire”).
On November 13, 2018, Defendants filed a proxy statement (the “Proxy Statement”) with the United States Securities and Exchange Commission (the “SEC”) in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for December 18, 2018, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
This case was voluntarily dismissed on January 25, 2019.
Company & Securities Information
Defendant: XO Group Inc.
Industry: Retail (Specialty)
Headquarters: United States
Ticker Symbol: XOXO
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
Richard Scarantino, et al. v. XO Group Inc., et al.