According to the Complaint, Amber Road, Inc. is a leading provider of cloud-based global trade management software, trade content, and training that helps companies create value through their global supply chain by improving margins, achieving greater agility, and lowering risk.

This action stems from a proposed transaction announced on May 13, 2019, pursuant to which Amber Road, Inc.
will be acquired by Eagle Parent Holdings, LLC. On May 12, 2019, Amber Road’s Board of Directors caused the Company to enter into an agreement and plan of merger with E2open.

On June 3, 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 September 16, 2019.