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On September 26, 2023, Rodney Bell, Michael A.
−Removed: Roberts and Theresa Woods, three of our shareholders, filed a complaint (the “Shareholder Complaint”) against us and certain of its directors and officers in the Third District Chancery Court sitting in Greeneville, Tennessee.
+Added: Roberts and Theresa Woods, (collectively, the "Plaintiffs"), three of our shareholders, filed a complaint against us and certain of its directors and officers in the Third District Chancery Court sitting in Greeneville, Tennessee (the "Shareholder Complaint").
The Shareholder Complaint alleges, among other things, that our shareholders have the right to vote on certain transactions contemplated by the Merger Agreement and sought an injunction against the consummation of the transaction until a shareholder vote was held.
The court initially granted a temporary restraining order enjoining the transactions contemplated by the Merger Agreement but later dissolved it on October 25, 2023.
−Removed: Thereafter and as described below, on January 25, 2024, the parties to the Amended Merger Agreement completed the Omni Acquisition.
+Added: Thereafter and as described below, on the Closing, the parties to the Amended Merger Agreement completed the Omni Acquisition.
On May 2, 2024, Plaintiff Michael Roberts, together with the Cambria County Employees Retirement System filed a stipulation and proposed order seeking leave of court to file an amended class action complaint seeking damages, among other forms of relief.
−Removed: The proposed amended complaint, like the earlier complaints, challenges our determination not to subject the Omni Acquisition to a stockholder vote.
−Removed: The Defendants disagree with the allegations of the proposed amended complaint and will defend the matter if and when an amended complaint is filed.
+Added: Upon receiving leave of the court, on May 15, 2024, the Plaintiffs filed the amended complaint.
+Added: Like the earlier complaints, it challenges our determination not to subject the Omni Acquisition to a shareholder vote.
+Added: We disagree with the allegations of the amended complaint and are in the process of defending the matter.
From time to time, we are also a party to other litigation incidental to and arising in the normal course of our business, most of which involves claims for personal injury and property damage related to the transportation and handling of freight, or workers’ compensation.
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Issuer Purchases of Equity Securities
−Removed: The Company did not repurchase any of its equity securities during the three months ended March 31, 2024.
+Added: The Company did not repurchase any of its equity securities during the three months ended June 30, 2024.
Defaults Upon Senior Securities.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.