According to the Complaint, Vitamin Shoppe, Inc. is an omni-channel, specialty retailer of nutritional products.

This action stems from a proposed transaction announced on August 8, 2019, pursuant to which Vitamin Shoppe will be acquired by Liberty Tax, Inc.

On August 7, 2019, Vitamin Shoppe’s Board of Directors caused the Company to enter into an agreement and plan of merger with Liberty Tax. Pursuant to the terms of the Merger Agreement, Vitamin Shoppe’s stockholders will receive $6.50 in cash for each share of Vitamin Shoppe common stock they own.

On September 30, 2019, Defendants filed a Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on December 5, 2019.