Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against WABCO Holdings Inc. (WBC)
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. 1:19-cv-00729-CFC, on behalf of shareholders of WABCO Holdings Inc. (“WABCO” or the “Company”) (NYSE:WBC) who have been harmed by WABCO’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 (the “Proposed Merger”) of the Company with ZF Friedrichshafen AG (“ZF”).
On March 28, 2019, the Board caused the Company to enter into an Agreement and Plan of Merger (“Merger Agreement”) under which WABCO shareholders will have the right to receive $136.50 in cash for each share of WABCO stock they own (the “Merger Consideration”).
The complaint alleges that the Form PREM14A filed with the Securities and Exchange Commission (“SEC”) 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 Merger, including information concerning the Company’s financial projections and analysis, on which the Board relied to recommend the Proposed Merger as fair to WABCO shareholders.
If you wish to obtain information concerning this action, you can do so by filling out the form below.
WABCO Holdings Inc. (WBC)
* The submission of this form does not create an attorney-client relationship.
Filed on 05/13/2019
Court District of Delaware
Lead Plaintiff Deadline 07/12/2019
685 Third Avenue 26th Floor
10017 New York, New York
Phone (212) 983-9330
Fax (212) 983-9331
James M. Wilson, Jr. firstname.lastname@example.org Phone (212) 983-9330 Fax (212) 983-9331