Medallia controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Shareholder sues Medallia over proposed buyout disclosures
Lawsuit filed
A shareholder filed a complaint concerning Medallia's proxy statement for a proposed acquisition, alleging that the statement omitted information needed for an informed shareholder vote. The complaint seeks to halt the transaction until Medallia files a corrected proxy statement, or to undo the transaction if it is completed without the requested information.
A shareholder filed a complaint alleging that Medallia’s proxy statement for its proposed acquisition omitted information needed for an informed shareholder vote. The complaint seeks to halt the transaction until Medallia files a corrected proxy statement, or to undo it if completed without the requested information.
Source excerpt
The complaint seeks an order halting the transaction until Medallia files a corrected proxy statement, or undoing the transaction should it be consummated without the requested information.
A shareholder has taken issue with the proposed acquisition of Medallia, a customer and employee experience management company, by affiliates of Thoma Bravo L.P. as announced in late July.
Tuesday’s Southern District of New York complaint says.