Ecology and Environment, Inc. Securities Litigation
On or around 12/16/2019 (Notice of voluntarily dismissal)
Filing Date: October 08, 2019
According to the Complaint, Ecology and Environment, Inc. is an environmental and engineering consulting firm that employs professionals in scientific, engineering, and planning disciplines and works collaboratively with clients to develop technically sound, science-based solutions to environmental challenges.
This action stems from a proposed transaction announced on August 28, 2019, pursuant to which Ecology and Environment Inc. will be acquired by WSP Global, Inc.
On August 28, 2019, Ecology’s Board of Directors caused the Company to enter into an agreement and plan of merger with WSP. Pursuant to the terms of the Merger Agreement, shareholders of Ecology will receive $15.00 in cash and a special dividend of up to $0.50 for each share of Ecology common stock they own.
On September 26, 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 16, 2019.
Company & Securities Information
Defendant: Ecology and Environment, Inc.
Industry: Waste Management Services
Headquarters: United States
Ticker Symbol: EEI
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
Jordan Rosenblatt, et al. v. Ecology and Environment, Inc., et al.
COURT: S.D. New York
DOCKET #: 19-CV-09317
JUDGE: Hon. P. Kevin Castel
DATE FILED: 10/08/2019
CLASS PERIOD START: 08/28/2019
CLASS PERIOD END: 10/08/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Rigrodsky & Long, P.A. (Garden City)
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