Rigrodsky & Long, P.A. Announces Investigation Of Leap Wireless International, Inc. Buyout
Rigrodsky & Long, P.A.:
Do you own shares of Leap Wireless International, Inc. (NASDAQ GS: LEAP)?
Did you purchase any of your shares prior to July 12, 2013?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Leap Wireless International,
Inc. (“Leap Wireless” or the “Company”) (NASDAQ GS: LEAP)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
AT&T Inc. (“AT&T”) (NYSE: T) in a transaction valued at approximately
Click here to learn more: http://www.rigrodskylong.com/investigations/leap-wireless-international-inc-leap.
Under the terms of the agreement, public shareholders of Leap Wireless
will receive $15.00 per share in cash for each share of Leap Wireless
The investigation concerns whether Leap Wireless’s board of directors
failed to adequately shop the Company and obtain the best possible value
for Leap Wireless’s shareholders before entering into an agreement with
If you own the common stock of Leap Wireless and purchased your shares
before July 12, 2013, 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 Rigrodsky or Peter
Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300,
Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail
or at: http://www.rigrodskylong.com/investigations/leap-wireless-international-inc-leap.
& 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.
Copyright Business Wire 2013