On or around 01/13/2020 (Notice of voluntarily dismissal)
Filing Date: October 01, 2019
According to the Complaint, Avedro is a leading hybrid ophthalmic pharmaceutical and medical technology company focused on treating corneal disease and disorders and improving vision to reduce dependency on eyeglasses or contact lens.
This action stems from a proposed transaction announced on August 7, 2019, pursuant to which Avedro, Inc. will be acquired by Glaukos Corporation.
On August 7, 2019, Avedro’s Board of Directors caused the Company to enter into an agreement and plan of merger with Glaukos. Pursuant to the terms of the Merger Agreement, Avedro’s stockholders will receive 0.365 shares of Glaukos common stock for each share of Avedro common stock they own.
On September 17, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. 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 January 13, 2020.
Company & Securities Information
Defendant: Avedro, Inc.
Industry: Medical Equipment & Supplies
Headquarters: United States
Ticker Symbol: AVDR
Company Market: NASDAQ
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
Michael Kent, et al. v. Avedro, Inc., et al.
COURT: D. Delaware
DOCKET #: 19-CV-01845
JUDGE: Hon. Maryellen Noreika
DATE FILED: 10/01/2019
CLASS PERIOD START: 08/07/2019
CLASS PERIOD END: 10/01/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Rigrodsky & Long, P.A. (Wilmington)
RM Law, P.C. (Berwyn)
First Identified Complaint (FIC) Filings:
Complaint for Violation of the Securities Exchange Act of 1934
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available