On or around 04/10/2019 (Notice of voluntarily dismissal)
Filing Date: January 22, 2019
This action stems from a proposed transaction announced on November 1, 2018 (the “Proposed Transaction”), pursuant to which Trinity Capital Corporation (“Trinity” or the “Company”) will be acquired by Enterprise Financial Services, Inc.
On November 1, 2018, Trinity’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Enterprise. Pursuant to the terms of the Merger Agreement, shareholders of Trinity will receive $1.84 in cash and 0.1972 Enterprise common shares for each share of Trinity they own.
On December 21, 2018, Defendants filed a Form S-4 Registration Statement (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”) in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement, which scheduled a stockholder vote on the Proposed Transaction for February 5, 2019, omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.
This case was voluntarily dismissed on April 10, 2019.
Company & Securities Information
Defendant: Trinity Capital Corporation
Industry: Regional Banks
Headquarters: United States
Ticker Symbol: TRIN
Company Market: OTC-BB
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
Paul Parshall, et al. v. Trinity Capital Corporation, et al.
COURT: D. New Mexico
DOCKET #: 19-CV-00066
JUDGE: Hon. Jerry H. Ritter
DATE FILED: 01/22/2019
CLASS PERIOD START: 11/01/2018
CLASS PERIOD END: 01/22/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Law Offices of Nicholas Koluncich III, LLC 6501 Americas Parkway NE
One Park Square – Suite 620, Law Offices of Nicholas Koluncich III, LLC, NM 87107 ·