LEAPFROG ENTERPRISES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
February 05 2016 - 1:02PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of LeapFrog
Enterprises, Inc. (NYSE: LF)?
- Did you purchase any of your shares
prior to February 5, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of LeapFrog
Enterprises, Inc. (“LeapFrog” or the “Company”) (NYSE: LF)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by VTech Holdings Limited (“VTech”) (Other OTC:
VTKLY), in a transaction valued at approximately $72 million.
Click here to learn more:
http://rigrodskylong.com/investigations/leapfrog-enterprises-inc.
Under the terms of the agreement, shareholders of LeapFrog will
receive $1.00 in cash per share.
The investigation concerns whether LeapFrog’s board of directors
failed to adequately shop the Company and obtain the best possible
value for LeapFrog shareholders before entering into the agreement
with VTech.
If you own the common stock of LeapFrog and purchased your
shares before February 5, 2016, 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 or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242, by e-mail at info@rl-legal.com, or at
http://rigrodskylong.com/investigations/leapfrog-enterprises-inc.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation, and
corporate governance litigation on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160205005704/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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