On or around 01/22/2020 (Notice of voluntarily dismissal)
Filing Date: October 15, 2019
According to the Complaint, Avon is a global manufacturer and marketer of beauty and related products.
This action stems from a proposed transaction announced on May 22, 2019, pursuant to which Avon will be acquired by Natura Cosméticos S.A.
On May 22, 2019, Avon’s Board of Directors caused the Company to enter into an agreement and plan of merger with Natura.
On October 4, 2019, Defendants filed a proxy 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 November 13, 2019. 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 January 22, 2020.
Company & Securities Information
Defendant: Avon Products, Inc.
Sector: Consumer Non-Cyclical
Industry: Personal & Household Products
Headquarters: United Kingdom
Ticker Symbol: AVP
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
Michael Kent, et al. v. Avon Products, Inc., et al.
COURT: D. Delaware
DOCKET #: 19-CV-01959
JUDGE: Hon. Richard G. Andrews
DATE FILED: 10/15/2019
CLASS PERIOD START: 05/22/2019
CLASS PERIOD END: 10/15/2019
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