According to the Complaint, NorthStar Realty Europe Corp. ("NRE" or "the Company") is a publicly traded real estate investment trust focused on European commercial real estate.

On July 3, 2019, the Board caused the Company to enter into an agreement and plan of merger, pursuant to which the Company’s shareholders stand to receive $17.03 in cash for each share of NRE stock they own, in connection with the proposed merger between NRE and AXA Investment Managers – Real Assets.

The Complaint alleges that on August 1, 2019, in order to convince NRE shareholders to vote in favor of the Proposed Transaction, the Board authorized the filing of a materially incomplete and misleading Form PREM14A Preliminary Proxy Statement 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 October 11, 2019.