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Calgon Carbon Corporation (CCC)



Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Calgon Carbon 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. 1:17-cv-01572, on behalf of shareholders of Calgon Carbon Corporation (“Calgon” or the “Company”) (NYSE:CCC) who have been harmed by Calgon’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 merger of the Company with Kuraray Co., Ltd. (“Kuraray”).

On September 21, 2017, the Board caused the Company to enter into an Agreement and Plan of Merger (“Proposed Transaction”), under which the Company’s shareholders will stand to receive $21.50 in cash for each share of Calgon stock they own (the “Merger Consideration”).

The complaint alleges that the Preliminary Proxy Statement on Schedule 14A (the “Proxy”) filed with the Securities and Exchange Commission (“SEC”) on October 27, 2017, 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 Calgon shareholders.

Contact Counsel

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


Case Details


  • 11/22/2017

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