Tiffany & Co. Securities Litigation

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Lawsuit Overview

Defendant:Tiffany & Co.
Date Filed:January 3rd, 2020
Sector:Consumer Services
Industry:Consumer Specialties
Class Start Date:November 25th, 2019
Class End Date:January 3rd, 2020

According to the Complaint, Tiffany & Co. operates more than 300 retail stores worldwide.

This action stems from a proposed transaction announced on November 25, 2019, pursuant to which Tiffany & Co. will be acquired by LVMH Mo?t Hennessy-Louis Vuitton SE.

On November 24, 2019, Tiffany's Board of Directors caused the Company to enter into an agreement and plan of merger with LVMH. Pursuant to the terms of the Merger Agreement, Tiffany's stockholders will receive $135.00 in cash for each share of Tiffany common stock they own.

On December 18, 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

John Thompson, et al. v. Tiffany & Co., et al.

Date Filed:January 3rd, 2020
Class Period Start:November 25th, 2019
Class Period End:January 3rd, 2020
First Identified Complaint Filings
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