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Case Status:    DISMISSED    
On or around 12/21/2020 (Notice of voluntarily dismissal)

Filing Date: September 30, 2020

According to the Complaint, Montage Resources Corporation is an exploration and production company with approximately 195,000 net effective core undeveloped acres currently focused on the Utica and Marcellus Shales of Southeast Ohio, West Virginia, and North Central Pennsylvania.

This action stems from a proposed transaction announced on August 12, 2020, pursuant to which Montage Resources Corporation will be acquired by Southwestern Energy Company.

On August 12, 2020, Montage’s Board of Directors caused the Company to enter into an agreement and plan of merger with Southwestern. Pursuant to the terms of the Merger Agreement, Montage’s stockholders will receive 1.8656 shares of Southwestern common stock for each share of Montage common stock they own.

On September 16, 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 December 21, 2020.


Sector: Energy
Industry: Oil & Gas - Integrated
Headquarters: United States


Ticker Symbol: MR
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-01324
JUDGE: Hon. Leonard P. Stark
DATE FILED: 09/30/2020
CLASS PERIOD END: 09/30/2020
  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