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Case Status:    ONGOING    
On or around 10/17/2019 (Date of last review)

Filing Date: October 17, 2019

According to the Complaint, Pivotal Software, Inc. provides a leading cloud-native platform that makes software development and information technology operations a strategic advantage for its customers.

This action stems from a proposed transaction announced on August 22, 2019, pursuant to which Pivotal Software, Inc. will be acquired by VMware, Inc.

On August 22, 2019, Pivotal’s Board of Directors caused the Company to enter into an agreement and plan of merger with VMware. Pursuant to the terms of the Merger Agreement, Pivotal’s Class A stockholders will receive $15.00 in cash for each share of Pivotal Class A common stock they own.

On October 10, 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.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: PVTL
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.
COURT: D. Delaware
DOCKET #: 19-CV-01974
JUDGE: Hon. Leonard P. Stark
DATE FILED: 10/17/2019
CLASS PERIOD START: 08/22/2019
CLASS PERIOD END: 10/17/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. RM Law, P.C. (Berwyn)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available