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Case Status:    DISMISSED    
On or around 01/18/2019 (Notice of voluntarily dismissal)

Filing Date: January 04, 2019

According to the Complaint, this action stems from a proposed transaction announced on November 7, 2018 (the “Proposed Transaction”), pursuant to which Investment Technology Group, Inc. (“ITG” or the “Company”) will be acquired by Virtu Financial, Inc.

On December 14, 2018, Defendants filed a proxy statement (the “Proxy Statement”) with the United States Securities and Exchange Commission in connection with the Proposed Transaction.

The Complaint alleges that the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for January 24, 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 18, 2019.

COMPANY INFORMATION:

Sector: Financial
Industry: Investment Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ITG
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.
COURT: D. Delaware
DOCKET #: 19-CV-00024
JUDGE: Hon. Leonard P. Stark
DATE FILED: 01/04/2019
CLASS PERIOD START: 11/07/2018
CLASS PERIOD END: 01/04/2019
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 ·
No Document Title Filing Date
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—Related District Court Filings Data is not available