Esterline Technologies Corporation Securities Litigation

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Lawsuit Overview

Defendant:Esterline Technologies Corporation
Date Filed:November 26th, 2018
Sector:Capital Goods
Industry:Industrial Machinery/Components

According to the Complaint, Esterline Technologies Corporation ("Esterline" or the Company) is a leading worldwide supplier to the aerospace and defense industry specializing in three core business segments: Advanced Materials; Avionics & Controls; and Sensors & Systems.

This action stems from a proposed transaction announced on October 10, 2018 (the "Proposed Transaction"), pursuant to which Esterline will be acquired by TransDigm Group Incorporated.

On November 7, 2018, Defendants filed a proxy statement (the "Proxy Statement") with the United States Securities and Exchange Commission (the "SEC") in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

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First Identified Complaint

Michael Kent, et al. v. Esterline Technologies Corporation, et al.

Date Filed:November 26th, 2018
Class Period Start:October 10th, 2018
Class Period End:November 26th, 2018
First Identified Complaint Filings
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