NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against Lakes Entertainment, Inc. (“Lakes Entertainment” or the “Company”) (NASDAQ: LACO) concerning the proposed acquisition of the Company by Sartini Gaming, Inc. (“Golden Gaming”). Under the terms of the merger agreement, Lakes Entertainment stockholders will receive stock in the new combined company valued at $9.57 for each share of Lakes Entertainment common stock they own.
The investigation concerns whether the Lakes Entertainment Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are a Lakes Entertainment stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at email@example.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.