According to the Complaint, Esterline Technologies Corporation ("Esterline") is a leading worldwide supplier to the aerospace and defense industry specializing in three core business segments: Advanced Materials; Avionics & Controls; and Sensors & Systems.

This action stems from a Proposed Transaction announced on October 10, 2018, pursuant to which Esterline will be acquired by TransDigm Group Incorporated.

On November 7, 2018, Defendants filed a Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on May 31, 2019.