On or around 06/07/2019 (Ongoing date of last review)
Filing Date: June 06, 2019
According to the Complaint, Amber Road 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.
Company & Securities Information
Defendant: Amber Road, Inc.
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: AMBR
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
Patrick Plumley, et al. v. Amber Road, Inc., et al.