Ruby Tuesday, Inc. (NYSE: RT)
The firm is investigating potential claims against the board of directors of Ruby Tuesday, Inc. ("Ruby Tuesday" or the "Company") (RT) concerning the proposed sale of the Company to NRD Capital ("NRD").
Under the terms of the offer, NRD would acquire Ruby Tuesday in a transaction valued at approximately $146 million. Pursuant to the deal, Ruby Tuesday stockholders will receive $2.40 in cash per share.
Our investigation concerns whether the Ruby Tuesday board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you are a current shareholder and would like to discuss your options of exercising your rights as a shareholder, which include ensuring that the company is getting the highest possible price for the company, and that the board of directors will act in the best interest of the shareholders, please contact us.
Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.
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