Pandora Media, Inc.
Attention investors who purchased shares of Pandora Media, Inc. before September 24, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of Pandora Media, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Sirius XM Holdings Inc. for 1.44 shares of Sirius for each share of Pandora common stock.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Pandora Media, Inc. (“Pandora” or the “Company”) (NYSE: P) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Sirius XM Holdings Inc. (“Sirius”). Under the terms of the agreement, shareholders of Pandora will receive 1.44 newly-issued Sirius shares for each share of Pandora common stock.
If you own common stock of Pandora and purchased any shares before September 24, 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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