Civil Litigation
Oct. 19, 2017
Proposed class says proxy statement misled shareholders ahead of merger
A federal securities class action claims the board of directors of an online dating company withheld key information from shareholders ahead of a proposed merger vote.
A federal securities class action claims the board of directors of online dating company Spark Networks Inc. withheld key information from shareholders ahead of a proposed merger vote.
The action filed this week in U.S. District Court in Los Angeles contends shareholders of Spark, which owns dating websites JDate and Christian Mingle, had their stocks devalued by 75 percent under a proposed merger with Affinitas GmbH, which owns da...
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