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Esterline Technologies Corporation

Case Summary

Esterline Technologies Corporation Securities Litigation

Case Summary

Case Status:    DISMISSED    
On or around 05/31/2019 (Notice of voluntarily dismissal)

Filing Date: November 26, 2018

According to the Complaint, Esterline Technologies Corporation ("Esterline" or the Company) 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 (the “Proposed Transaction”), pursuant to which Esterline will be acquired by TransDigm Group Incorporated.

On November 7, 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 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.

Company & Securities Information

Defendant: Esterline Technologies Corporation

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Aerospace & Defense
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ESL
Company Market: New York SE
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

Michael Kent, et al. v. Esterline Technologies Corporation, et al.

COURT: D. Delaware
DOCKET #: 18-CV-01862
JUDGE: Hon. Leonard P. Stark
DATE FILED: 11/26/2018
CLASS PERIOD START: 10/10/2018
CLASS PERIOD END: 11/26/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
  2. RM Law, P.C.
    1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312
    (484) 324-6800 ·
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Complaint for Violation of the Securities Exchange Act of 1934 11/26/2018
2 U.S. District Court Civil Docket 05/31/2019
3 Plaintiff's Notice of Voluntary Dismissal 05/31/2019

Reference Complaint

—Reference Complaint Complaint Related Data is not available

Related District Court Filings

—Related District Court Filings Data is not available
 
 

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