Mellanox Technologies, Ltd. Securities Litigation (2019)

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Lawsuit Overview

Defendant:Mellanox Technologies, Ltd.
Date Filed:May 1st, 2019
Sector:Technology
Industry:Semiconductors

According to the Complaint, Mellanox is a leading supplier of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure.

On March 11, 2019, the Company announced it would be acquired by NVIDIA International Holdings Inc. ("NVA") in a transaction valued at $6.9 billion.

On April 22, 2019, Defendants filed a preliminary proxy statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Preliminary Proxy Statement omits material information with respect to the Proposed Transaction, which renders it false and misleading.

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First Identified Complaint

Marc Henzel, et al. v. Mellanox Technologies, Ltd., et al.

Date Filed:May 1st, 2019
Class Period Start:March 11th, 2019
Class Period End:May 1st, 2019
First Identified Complaint Filings
#Document TitleFiling Date