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Dun & Bradstreet Corporation (DNB)

NYSE:DNB

Summary

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against The Dun & Bradstreet Corporation

Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, case No. 1:18-cv-01455, on behalf of shareholders of The Dun & Bradstreet Corporation (“Dun & Bradstreet” or the “Company”) (NYSE:DNB) who have been harmed by Dun & Bradstreet’s and its board of directors’ (the “Board”) alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the proposed acquisition of the Company by an investor group (the “Investor Group”) led by CC Capital, Cannae Holdings and funds affiliated with Thomas H. Lee Partners, L.P. (“THL”).

On August 8, 2018, the Board caused the Company to enter into an agreement and plan of merger (“Proposed Transaction”) under which Dun & Bradstreet stockholders will receive $145 in cash for each share of Dun & Bradstreet common stock they hold (the “Merger Consideration”). The shareholder vote on the Proposed Transaction is expected to occur on November 7, 2018.

The complaint alleges that the Proxy Statement on Schedule 14A (the “Proxy”) filed with the Securities and Exchange Commission (“SEC”) on September 12, 2018, violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Transaction, including information concerning the Company’s financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to Dun & Bradstreet shareholders.

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  • Company:
    Dun & Bradstreet Corporation (DNB)
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Contact Counsel

Nadeem Faruqi
James M. Wilson, Jr.
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 10/09/2018

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