(NASDAQ GS: SFLY)
Attention investors who purchased shares of Shutterfly, Inc. before June 10, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of Shutterfly, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by affiliates of Apollo Global Management, LLC for $51.00 per share, or approximately $2.7 billion.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Shutterfly, Inc. (“Shutterfly” or the “Company”) (NASDAQ GS: SFLY) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by affiliates of certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) in a transaction valued at approximately $2.7 billion. Under the terms of the agreement, shareholders of Shutterfly will receive $51.00 in cash for each share of Shutterfly common stock.
If you own common stock of Shutterfly and purchased any shares before June 10, 2019, 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 toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and 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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