On or around 07/31/2018 (Court's order of dismissal)
Filing Date: March 27, 2018
According to the Complaint, this action stems from a proposed transaction announced on January 18, 2018 (the "Proposed Transaction"), pursuant to which Jacksonville Bancorp, Inc. ("Jacksonville" or the "Company") will be acquired by CNB Bank Shares, Inc. ("CNB") and its wholly-owned subsidiary, CNB Acquisition, Inc. ("Merger Sub").
On March 6, 2018, Defendants filed a preliminary proxy statement (the "Proxy Statement") with the United States Securities and Exchange Commission ("SEC") in connection with the Proposed Transaction.
The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
This case was voluntarily dismissed on July 30, 2018.
Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.
When you sign up, you will have the option to save your search queries performed on the Advanced Search form.