Processing your request

please wait...

Case Page


Case Status:    DISMISSED    
On or around 09/06/2018 (Notice of voluntarily dismissal)

Filing Date: June 13, 2018

According to the Complaint, Financial Engines, Inc. ("Financial Engines" or the "Company") is a leading provider of independent, technology-enabled financial advisory services discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance.

On April 29, 2018, Financial Engines, Edelman Financial, L.P. ("Edelman"), and Flashdance Merger Sub, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Edelman (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into Financial Engines, with Financial Engines continuing as the surviving corporation and as an indirect, wholly owned subsidiary of Edelman (the “Proposed Transaction”).

The Complaint alleges that on June 8, 2018, in order to convince Financial Engines’ stockholders to vote in favor of the Proposed Transaction, Defendants authorized the filing of a materially incomplete and misleading Schedule 14A Definitive Proxy Statement (the “Proxy”) with the SEC, in violation of Sections 14(a) and 20(a) of the Exchange Act.

This case was voluntarily dismissed as moot on September 6, 2018.

Protected Content

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.