On or around 04/10/2019 (Ongoing date of last review)
Filing Date: April 10, 2019
According to the Complaint, TCF Financial Corporation provides financial services through multiple channels in its primary banking markets.
This action stems from a proposed transaction announced on January 28, 2019 (the “Proposed Transaction”), pursuant to which TCF Financial Corporation (“TCF” or the “Company”) will be acquired by Chemical Financial Corporation.
On March 29, 2019, Defendants filed a Form S-4 Registration Statement (the “Registration Statement”) with the United States Securities and Exchange Commission in connection with the Proposed Transaction.
The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.
Company & Securities Information
Defendant: TCF Financial Corporation
Industry: Regional Banks
Headquarters: United States
Ticker Symbol: TCF
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
Paul Parshall, et al. v. TCF Financial Corporation, et al.