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.
Company & Securities Information
Defendant: Montage Resources Corporation
Industry: Oil & Gas - Integrated
Headquarters: United States
Ticker Symbol: MR
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
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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
Jack Wolf, et al. v. Montage Resources Corporation, et al.
COURT: D. Delaware
DOCKET #: 20-CV-01324
JUDGE: Hon. Leonard P. Stark
DATE FILED: 09/30/2020
CLASS PERIOD START: 08/12/2020
CLASS PERIOD END: 09/30/2020
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