Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-03865 on behalf of shareholders of Willis Towers Watson Public Limited Company (“Willis Towers” or the “Company”) (NASDAQ:WLTW) who have been harmed by Willis Towers’ 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 Aon plc (the “Proposed Transaction”).
On March 9, 2020, the Board caused the Company to enter into an agreement and plan of merger under which Willis Towers shareholders stand to receive 1.08 Class A ordinary shares of Aon plc for each share of Willis Towers stock they own.
The complaint alleges that the Form PREM14A Preliminary Proxy Statement filed with the Securities and Exchange Commission 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 Willis Towers shareholders.