On or around 11/13/2019 (Notice of voluntarily dismissal)
Filing Date: October 01, 2019
According to the Complaint, Milacron is a global leader in the manufacture, distribution, and service of highly engineered and customized systems within the plastic technology and processing industry.
This action stems from a proposed transaction announced on July 12, 2019, pursuant to which Milacron Holdings Corp. will be acquired by Hillenbrand, Inc.
On July 12, 2019, Milacron’s Board of Directors caused the Company to enter into an agreement and plan of merger with Hillenbrand. Pursuant to the terms of the Merger Agreement, Milacron’s stockholders will receive $11.80 in cash and 0.1612 shares of Parent common stock for each share of Milacron common stock they own.
On September 10, 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 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 November 13, 2019.
Company & Securities Information
Defendant: Milacron Holdings Corp.
Sector: Basic Materials
Industry: Fabricated Plastic & Rubber
Headquarters: United States
Ticker Symbol: MCRN
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
Eric Sabatini, et al. v. Milacron Holdings Corp., et al.
COURT: D. Delaware
DOCKET #: 19-CV-01846
JUDGE: Hon. Leonard P. Stark
DATE FILED: 10/01/2019
CLASS PERIOD START: 07/12/2019
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
Plaintiff's Notice of Voluntary Dismissal
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available