Processing your request


please wait...

Case Page

 

Case Status:    ONGOING    
On or around 05/07/2019 (Ongoing date of last review)

Filing Date: March 01, 2019

According to the Complaint, Versum develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries. The company operates through two segments, (1) Materials and (2) Delivery Systems and Services (DS&S).

This action is brought as a class action by Plaintiff on behalf of himself and the other public holders of the common stock of Versum Materials, Inc. against the Company and the members of the Company’s board of directors for their violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the proposed merger (the “Proposed Merger”) between Versum and Entegris, Inc.

On January 28, 2019, Versum and Entegris issued a joint press release announcing the Proposed Merger.

On February 28, 2019, Defendants caused the S-4 to be filed with the SEC in connection with the Proposed Merger. The S-4 solicits the Company’s shareholders to vote in favor of the Proposed Merger. The Complaint alleges that the S-4 misrepresents and/or omits material information that is necessary for the Company’s shareholders to make an informed decision concerning whether to vote in favor of the Proposed Merger.

COMPANY INFORMATION:

Sector: Basic Materials
Industry: Chemical Manufacturing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: VSM
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-00427
JUDGE: Hon. Leonard P. Stark
DATE FILED: 03/01/2019
CLASS PERIOD START: 01/28/2019
CLASS PERIOD END: 03/01/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Faruqi & Faruqi LLP (Wilmington)
    20 Montchanin Road, Suite 145, Faruqi & Faruqi LLP (Wilmington), DE 19807
    (302) 482-3182 (302) 482-3612 ·
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available