On or around 06/12/2019 (Notice of voluntarily dismissal)
Filing Date: March 06, 2019
According to the Complaint, Ellie Mae is a leading cloud-based platform provider for the mortgage finance industry.
This action stems from a proposed transaction announced on February 12, 2019 (the “Proposed Transaction”), pursuant to which Ellie Mae, Inc. will be acquired by EM Eagle Purchaser, LLC and EM Eagle Merger Sub, Inc., affiliates formed by Thoma Bravo Fund XIII, L.P.
On February 27, 2019, 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 omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
This case was voluntarily dismissed on June 12, 2019.
Company & Securities Information
Defendant: Ellie Mae, Inc.
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: ELLI
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.
First Identified Complaint
Michael Kent, et al. v. Ellie Mae, Inc., et al.
COURT: D. Delaware
DOCKET #: 19-CV-00473
JUDGE: Hon. Maryellen Noreika
DATE FILED: 03/06/2019
CLASS PERIOD START: 02/12/2019
CLASS PERIOD END: 03/06/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Rigrodsky & Long, P.A. (Wilmington)
RM Law, P.C.
First Identified Complaint (FIC) Filings:
Complaint for Violation of the Securities Exchange Act of 1934
U.S. District Court Civil Docket
Plaintiff's Notice of Voluntary Dismissal
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available