On or around 04/23/2019 (Ongoing date of last review)
Filing Date: April 23, 2019
According to the Complaint, WABCO is a global supplier of electronic, mechanical, electro-mechanical and aerodynamic projects for manufacturers of commercial trucks, buses, trailers and passenger cars.
On March 28, 2019, WABCO and ZF Friedrichshafen AG ("ZV") issued a joint press release announcing the Proposed Merger between WABCO and ZF.
The Complaint alleges that on April 18, 2019, in order to convince WABCO shareholders to vote in favor of the Proposed Merger, the Board authorized the filing of a materially incomplete and misleading Form PREM14A (the “Proxy”) with the Securities and Exchange Commission, in violation of Sections 14(a) and 20(a) of the Exchange Act.
This case was voluntarily dismissed on August 1, 2019.
Company & Securities Information
Defendant: WABCO Holdings Inc.
Sector: Consumer Cyclical
Industry: Auto & Truck Parts
Headquarters: United States
Ticker Symbol: WBC
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
Brian Collier, et al. v. WABCO Holdings Inc., et al.