According to the Complaint, Travelport Worldwide Limited is a travel commerce platform providing distribution, technology, payment, mobile, and other solutions for the global travel and tourism industry.

This action stems from a proposed transaction announced on December 10, 2018 (the “Proposed Transaction”), pursuant to which Travelport will be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp.

On February 13, 2019, 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, which scheduled a stockholder vote on the Proposed Transaction for March 15, 2019, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on March 7, 2019.