The firm is investigating potential legal claims against the board of directors of Jamba, Inc. (“Jamba” or the “Company”) (NASDAQ GM: JMBA) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Focus Brands Inc. (“Focus Brands”) in a transaction valued at approximately $200 million. Under the terms of the agreement, shareholders of Jamba will receive $13.00 in cash for each share of Jamba common stock.
If you are aware of any facts relating to this investigation, or are a current shareholder and would like to discuss your options of exercising your rights as a shareholder, please contact us.
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