RLJ Entertainment, Inc.
(NASDAQ CM: RLJE)
Attention investors who purchased shares of RLJ Entertainment, Inc. before July 30, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of RLJ Entertainment, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by AMC Networks Inc. for $6.25 per share, or approximately $274 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of RLJ Entertainment, Inc. (“RLJ Entertainment” or the “Company”) (NASDAQ CM: RLJE) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by AMC Networks Inc. (“AMC Networks”) (NASDAQ GS: AMCX) in a transaction valued at approximately $274 million. Under the terms of the agreement, shareholders of RLJ Entertainment will receive $6.25 in cash for each share of RLJ Entertainment common stock.
If you own common stock of RLJ Entertainment and purchased any shares before July 30, 2018, 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., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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