According to the Complaint, Smart & Final Stores, Inc. is engaged primarily in the business of selling fresh perishables and grocery items, together with foodservice, packaging, and janitorial products.

This action stems from a proposed transaction announced on April 16, 2019, pursuant to which Smart & Final Stores, Inc. will be acquired by affiliates of Apollo Global Management, LLC.

On May 14, 2019, Defendants filed a Solicitation/Recommendation Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Solicitation Statement omits material information with respect to the Proposed Transaction, which renders the Solicitation Statement false and misleading.

This case was voluntarily dismissed on December 16, 2019.