NEW YORK, May 7, 2019 /PRNewswire/ -- Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York, Case No. 1:19-cv-03356-PGG, on behalf of shareholders of Bemis Company, Inc. ("BMS" or the "Company") (NYSE:BMS) who have been harmed by the Company's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with Amcor Limited to form New Amcor.
On August 6, 2018, the Board caused the Company to enter into an Agreement and Plan of Merger ("Merger") under which BMS shareholders will have the right to receive 5.1 shares of common stock of New Amcor for each share of BMS stock they own. On March 27, 2019, BMS filed a Proxy Statement on Form DEFM 14A to solicit shareholders to vote in favor of the Merger.
The complaint alleges that the Form DEFM14A filed with the Securities and Exchange Commission violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information or omits material information about the Company and the Merger, including information concerning the Company's financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to BMS shareholders.
If you wish to obtain information concerning this action, you can do so by clicking here: www.faruqilaw.com/BMS.
Faruqi & Faruqi, LLP, is a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud. Faruqi & Faruqi, LLP, was founded in 1995 and the firm maintains its principal office in New York City, with offices in Delaware, California, Georgia, and Pennsylvania.
If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from the date of this notice. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please contact:
SOURCE Faruqi & Faruqi, LLP