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Case Status:    ONGOING    
On or around 01/16/2020 (Date of last review)

Filing Date: January 16, 2020

According to the Complaint, Diplomat Pharmacy, Inc, through its specialty pharmacy and infusion services, helps people with complex and chronic health conditions in all fifty states and Washington, D.C., partnering with
payers, providers, hospitals, and manufacturers.

This action stems from a proposed transaction announced on December 9, 2019, pursuant to which Diplomat Pharmacy, Inc. will be acquired by affiliates of OptumRx, Inc.

On December 9, 2019, Diplomat’s Board of Directors caused the Company to enter into an agreement and plan of merger with UnitedHealth Group Incorporated.

On January 9, 2020, Defendants filed a Solicitation/Recommendation Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Solicitation Statement omits material information with respect to the Proposed Transaction, which renders the Solicitation Statement false and misleading.

COMPANY INFORMATION:

Sector: Services
Industry: Retail (Drugs)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: DPLO
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 #: 20-CV-00066
JUDGE: Hon. Colm F. Connolly
DATE FILED: 01/16/2020
CLASS PERIOD START: 12/09/2019
CLASS PERIOD END: 01/16/2020
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