The Law Office of Abe Shainberg is investigating the Board of Directors of RC2 Corporation (Nasdaq: RCRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tomy Company, Ltd. (Tokyo Stock Exchange, First Section: 7867). Under the terms of the proposed transaction, RC2 shareholders will receive $27.90 per share for a total transaction value of approximately $640 million.

The investigation concerns whether the RC2 Board of Directors breached their fiduciary duties to RC2 stockholders by failing to adequately shop the Company before entering into this transaction and whether Tomy is underpaying for RC2 shares. According to Yahoo! Finance, at least one analyst set a price target of $29.00 per share of RC2 stock.

If you own common stock in RC2 and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/rc2-rcrc.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

RC2 Corp. (MM) (NASDAQ:RCRC)
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