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RLJ ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

Share:

Rigrodsky & Long, P.A.:

  • Do you own shares of RLJ Entertainment, Inc. (NASDAQ CM: RLJE)?
  • Did you purchase any of your shares prior to July 30, 2018?
  • Do you think the proposed buyout is fair?
  • 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 RLJ Entertainment, Inc. ("RLJ
Entertainment" or the "Company") (NASDAQ CM: RLJE)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
AMC Networks Inc. ("AMC Networks") (NASDAQ GS: AMCX)
in a transaction valued at approximately $274 million. Under the terms
of the agreement, shareholders of RLJ Entertainment will receive $6.25
in cash for each share of RLJ Entertainment common stock.

If you own common stock of RLJ Entertainment and purchased any shares
before July 30, 2018, if you would like to learn more about this
investigation, or if you have any questions concerning this announcement
or your rights or interests, please contact Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220,
Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail
at info@rl-legal.com.

Rigrodsky
& Long, P.A.
, with offices in Wilmington, Delaware, Garden City,
New York, and San Francisco, California, has recovered hundreds of
millions of dollars on behalf of investors and achieved substantial
corporate governance reforms in numerous cases nationwide, including federal
securities fraud actions, shareholder class actions, and shareholder
derivative actions
.

Attorney advertising. Prior results do not guarantee a similar outcome.

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