WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Ruby Tuesday, Inc. (NYSE: RT)?
- Did you purchase any of your shares prior to October 16, 2017?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) (NYSE: RT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by a fund managed by NRD Capital (“NRD”) in a transaction valued at approximately $335 million. Under the terms of the agreement, shareholders of Ruby Tuesday will receive $2.40 in cash for each share of Ruby Tuesday common stock.
If you own common stock of Ruby Tuesday and purchased any shares before October 16, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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