On or around 05/21/2020 (Other)
Filing Date: March 03, 2020
According to the Complaint, Tivo Corporation provides an intellectual property portfolio and products to help consumers watch entertainment. The Company’s products include movies, videos, and shows from across live TV, on demand, streaming services, and apps.
This action stems from a proposed transaction announced on December 19, 2019, pursuant to which TiVo Corporation will be acquired by Xperi Corporation.
On December 18, 2019, TiVo’s Board of Directors caused the Company to enter into an agreement and plan of merger with Xperi. Pursuant to the terms of the Merger Agreement, shareholders of TiVo will receive 0.455 shares of XRAY-TWOLF HoldCo Corporation common stock.
On February 18, 2020, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. 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 May 20, 2020.
Company & Securities Information
Defendant: TiVo Corporation
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: TIVO
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. TiVo Corporation, et al.
COURT: D. Delaware
DOCKET #: 20-CV-00327
JUDGE: Hon. Richard G. Andrews
DATE FILED: 03/03/2020
CLASS PERIOD START: 12/19/2019
CLASS PERIOD END: 03/03/2020
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
Plaintiff's Notice of Voluntary Dismissal
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