Quantenna Communications, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Quantenna Communications, Inc.
Date Filed:May 9th, 2019
Sector:Technology
Industry:Semiconductors

According to the Complaint, Quantenna Communications, Inc. is the global leader and innovator of high performance Wi-Fi solutions.

This action stems from a proposed transaction announced on March 27, 2019, pursuant to which Quantenna will be acquired by ON Semiconductor Corporation. Pursuant to the terms of the Merger Agreement, Quantenna's stockholders will receive $24.50 in cash for each share of Quantenna common stock they own.

On May 3, 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. Quantenna Communications, Inc., et al.

Date Filed:May 9th, 2019
Class Period Start:March 27th, 2019
Class Period End:May 9th, 2019
First Identified Complaint Filings
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