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Benchabane v. LMI Aerospace, Inc. et al
Case Number:
4:17-cv-01100
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 13, 2017
Shareholder Dismisses Suit Over $190M Aerospace Co. Deal
An LMI Aerospace Inc. shareholder voluntarily dismissed a proposed class action against the company's board of directors on Tuesday, ending a suit in Missouri federal court over the lead-up to a $190 million merger agreement with Sonaca SA.
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March 28, 2017
Aerospace Co. Sued Over Disclosures Ahead Of $190M Deal
LMI Aerospace Inc. and its board of directors were sued in Missouri federal court on Monday by an investor who says they haven't told shareholders enough about the lead-up to an announced $190 million merger with Sonaca SA and the "rampant" conflicts of interest that could have influenced them.