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Case Status:    DISMISSED    
On or around 09/13/2019 (Notice of voluntarily dismissal)

Filing Date: September 06, 2019

According to the Complaint, Choice Bancorp, Inc. is a $441 million bank holding company. The Company’s wholly-owned bank subsidiary, Choice Bank, is a full-service community-oriented commercial bank that was
chartered in 2006 and has two branches in Oshkosh, Wisconsin.

This action stems from a proposed transaction announced on June 27, 2019, pursuant to which Choice Bancorp, Inc. will be acquired Nicolet Bankshares, Inc.

On June 26, 2019, Choice’s Board of Directors caused the Company to enter into an agreement and plan of merger with Nicolet. Pursuant to the terms of the Merger Agreement, Choice’s stockholders will receive 0.50 shares of Nicolet common stock for each share of Choice common stock they own.

On August 23, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction, which scheduled a stockholder vote on the Proposed Transaction for October 22, 2019. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on September 13, 2019.


Sector: Financial
Industry: Regional Banks
Headquarters: United States


Ticker Symbol: CBKW
Company Market: OTC-BB
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.
COURT: D. Delaware
DOCKET #: 19-CV-01669
JUDGE: Hon. Colm F. Connolly
DATE FILED: 09/06/2019
CLASS PERIOD END: 09/06/2019
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. RM Law, P.C. (Berwyn)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available