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Case Status:    ONGOING    
On or around 05/24/2019 (Ongoing date of last review)

Filing Date: December 12, 2018

According to the Complaint, Bojangles is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality food made from the Company’s Southern recipes.

This action stems from a proposed transaction announced on November 6, 2018 (the “Proposed Transaction”), pursuant to which Bojangles will be acquired by affiliates of Durational Capital Management LP and The Jordan Company, L.P.

On December 10, 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 January 10, 2019, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on January 11, 2019. A related case continues under Docket 18-CV-11649 in the Southern District of New York. On April 3, 2019, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on May 3. Defendants filed a Motion to Transfer the case to the Western District of North Carolina on May 20. On May 24, the Court issued an Order denying the Motion to Transfer.

COMPANY INFORMATION:

Sector: Services
Industry: Restaurants
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: BOJA
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: D. Delaware
DOCKET #: 18-CV-01961
JUDGE: Hon. Leonard P. Stark
DATE FILED: 12/12/2018
CLASS PERIOD START: 11/06/2018
CLASS PERIOD END: 12/12/2018
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
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 18-CV-11649
JUDGE: Hon. Leonard P. Stark
DATE FILED: 05/03/2019
CLASS PERIOD START: 11/06/2018
CLASS PERIOD END: 12/13/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Monteverde & Associates PC
    350 Fifth Avenue, 59th Floor, Monteverde & Associates PC, NY 10118
    (212) 971-1341 ·
No Document Title Filing Date
—Related District Court Filings Data is not available