Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

Rigrodsky & Long, P.A. Files Class Action Suit Against Milacron Holdings Corp.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/21/2019 | 11:31pm EST

WILMINGTON, Del., Oct. 21, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:

Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Milacron Holdings Corp. (“Milacron”) (NYSE: MCRN) common stock in connection with the proposed acquisition of Milacron by Hillenbrand, Inc. (“Hillenbrand”) and Bengal Delaware Holding Corporation (“Merger Sub”) announced on July 12, 2019 (the “Complaint”).  The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Milacron, its Board of Directors (the “Board”), Hillenbrand, and Merger Sub, is captioned Sabatini v. Milacron Holdings Corp., Case No. 1:19-cv-01846 (D. Del.).

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, DE 19801, by telephone at (888) 969-4242, by e-mail at info@rl-legal.com, or at http://rigrodskylong.com/contact-us/

On July 12, 2019, Milacron entered into an agreement and plan of merger (the “Merger Agreement”) with Hillenbrand and Merger Sub.  Pursuant to the terms of the Merger Agreement, shareholders of Milacron will receive $11.80 in cash and 0.1612 shares of Hillenbrand common stock per share (the “Proposed Transaction”).

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a Form S-4 Registration Statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission.  The Complaint alleges that the Registration Statement omits material information with respect to, among other things, the Company’s and Hillenbrand’s financial projections and the analyses performed by Milacron’s financial advisor. The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Milacron common stock. 

If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2019.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                             

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com


Primary Logo


© GlobeNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
08:50pVAXIMM : NEC and VAXIMM Announce Collaboration to Advance Personalized Neoantigen Cancer Vaccines
EQ
08:45pJill Schwartz of RLAH Real Estate is Realtor to NBA Players
BU
08:44pREALPAGE : to Participate in Upcoming Investor Conference
BU
08:39pXINHUA SILK ROAD : Sensor industry projects flock to settle in Zhengzhou, C. China
PR
08:33pPomerantz Law Firm Investigates Claims On Behalf of Investors of ADTRAN, Inc. - ADTN
GL
08:33pCENTRAL PUERTO : Ps. 27.7 per ADR, and Commencement of Operations of Wind Farms La Genoveva II (41.8 MW) and La Castellana II (14.4 MW)
BU
08:33pPomerantz Law Firm Investigates Claims On Behalf of Investors of Uniti Group Inc. f/k/a Communications Sales & Leasing, Inc. - UNIT
GL
08:31pGlobal Oyster Sauces Market 2019-2023 | Evolving Opportunities With AJINOMOTO and Foshan Haitian Flavoring & Food | Technavio
BU
08:30pPomerantz Law Firm Investigates Claims On Behalf of Investors of Aptinyx Inc. - APTX
GL
08:30pLITTLER : Expands into Asia with Singapore Office
BU
Latest news "Companies"