Rigrodsky & Long, P.A. Investigates Buyout of RC2 Corporation - RCRC

  • Do you own RC2 Corporation common stock?
  • Did you purchase your shares prior to March 10, 2011?
  • Do you feel the Company's sale to Tomy Company, LTD. is unfair?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

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R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of RC2 Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Tomy Company, Ltd. in a transaction with a  total value of approximately $640 million.

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Rigrodsky & Long, P.A. Investigates Buyout of RC2 Corporation - RCRC

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of RC2 Corporation (“RC2” or the “Company”) (Nasdaq: RCRC) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Tomy Company, Ltd. (“Tomy”) in a transaction with a  total value of approximately $640 million.

Under the proposed agreement, Tomy will commence a tender offer for all outstanding shares of RC2 for $27.90 per share in cash.

The investigation concerns whether RC2’s board of directors failed to adequately shop the Company and obtain the best price possible for RC2’s shareholders before entering into the agreement with Tomy.  Indeed, according to Yahoo! Finance, at least one analyst has set a price target of $29.00 per share for RC2 stock.

If you own the common stock of RC2 and purchased your shares before March 10, 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.

Attorney advertising.  Prior results do not guarantee a similar outcome.

R & L, with offices in Delaware and New York, 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.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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