Monotype Imaging Holdings Inc. Securities Litigation

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Lawsuit Overview

Defendant:Monotype Imaging Holdings Inc.
Date Filed:September 3rd, 2019
Sector:Technology
Industry:EDP Services

According to the Complaint, Monotype Imaging Holdings Inc. is a leading global provider of design assets, technology, and expertise for creative minds and content creators across the globe.

This action stems from a proposed transaction announced on July 26, 2019, pursuant to which Monotype will be acquired by HGGC, LLC, Marvel Parent, LLC.

On July 25, 2019, Monotype's Board of Directors caused the Company to enter into an agreement and plan of merger with Marvel. Pursuant to the terms of the Merger Agreement, Monotype's stockholders will receive $19.85 in cash for each share of Monotype common stock they own.

On August 26, 2019, Defendants filed a proxy statement with the United States Securities and Exchange Commission 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

Earl M. Wheby, Jr., et al. v. Monotype Imaging Holdings Inc., et al.

Date Filed:September 3rd, 2019
Class Period Start:July 26th, 2019
Class Period End:September 3rd, 2019
First Identified Complaint Filings
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