Rigrodsky & Long, P.A. Investigates Sale of Nobel Learning Communities, Inc. to Leeds Equity Partners

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Nobel Learning Communities, Inc. (“Nobel Learning” or the “Company”) (Nasdaq: NLCI) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Leeds Equity Partners in a transaction valued at approximately $149 million, including consideration paid to holders of outstanding options and warrants.

Under the proposed agreement, Leeds Equity Partners will acquire all of the outstanding shares of Nobel Learning for $11.75 per share in cash.  Furthermore, holders of approximately 55% of the outstanding shares of Company common stock, including the Company’s Board and executive management team, have entered into agreements with Leeds Equity Partners to vote in favor of the transaction.

The investigation concerns whether Nobel Learning’s board of directors failed to adequately shop the Company and obtain the best price possible for Nobel Learning’s shareholders before entering into the agreement with Leeds Equity Partners.  Indeed, according to Yahoo! Finance, at least one analyst has set a price target of $20.00 per share for Nobel Leaning stock.

If you own the common stock of Nobel Learning and purchased your shares before May 18, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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