SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against Omega Protein Corporation

WILMINGTON, Del., Nov. 27, 2017 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:

Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Nevada on behalf of holders of Omega Protein Corporation ("Omega") OME common stock in connection with the proposed acquisition of Omega by Cooke, Inc. and its affiliate ("Cooke") announced on October 6, 2017 (the "Complaint").  The Complaint, which alleges violations of the Securities Exchange Act of 1934 Omega, its Board of Directors (the "Board"), and Cooke, is captioned Franchi v. Omega Protein Corporation, Case No. 2:17-cv-02805 (D. Nev.).

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, 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/contact-us/. 

On October 5, 2017, Omega entered into an agreement and plan of merger (the "Merger Agreement") with Cooke.  Pursuant to the Merger Agreement, shareholders of Omega will receive, for each share of Omega they own, $22.00 in cash (the "Proposed Transaction").

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a Preliminary Proxy Statement (the "Proxy Statement") filed with the United States Securities and Exchange Commission.  The Complaint alleges that the Proxy Statement, which recommends that Omega stockholders vote in favor of the Proposed Transaction, omits material information necessary to enable shareholders to make an informed decision as to how to vote on the Proposed Transaction, including material information with respect to Omega's financial projections, the analyses performed by Omega's financial advisor, and the background of the Proposed Transaction.  The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Omega common stock. 

If you wish to serve as lead plaintiff, you must move the Court no later than January 26, 2018.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.

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CONTACT:                                                                                             

Rigrodsky & Long, P.A.

Seth D. Rigrodsky

Gina M. Serra

(888) 969-4242

(302) 295-5310

Fax: (302) 654-7530

info@rl-legal.com

http://www.rigrodskylong.com