On or around 04/21/2020 (Other)
Filing Date: February 13, 2020
According to the Complaint, Telaria provides a fully programmatic software platform for premium publishers to manage and monetize their video advertising.
This action stems from a proposed transaction announced on December 19, 2019, pursuant to which Telaria, Inc. will be acquired by The Rubicon Project, Inc.
On December 19, 2019, Telaria’s Board of Directors caused the Company to enter into an agreement and plan of merger with The Rubicon Project, Inc.
On February 7, 2020, Defendants filed a Form S-4 Registration 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 March 30, 2020. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.
This case was voluntarily dismissed on April 20, 2020.
Company & Securities Information
Defendant: Telaria, Inc.
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: TLRA
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
Eric Sabatini, et al. v. Telaria, Inc., et al.
COURT: D. Delaware
DOCKET #: 20-CV-00219
JUDGE: Hon. Maryellen Noreika
DATE FILED: 02/13/2020
CLASS PERIOD START: 12/19/2019
CLASS PERIOD END: 02/13/2020
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