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NEW YORK--([ BUSINESS WIRE ])--Bernstein Liebhard LLP is investigating whether the Board of Directors of RC2 Corporation (aRC2a or the aCompanya) (NASDAQ:RCRC) breached its fiduciary duty to its shareholders in agreeing to sell RC2 to TOMY COMPANY, LTD.
Under the terms of the agreement, RC2 shareholders will receive $27.90 in cash for each share they own. The investigation is focused on the potential unfairness of the price to RC2 shareholders and the process by which the RC2 Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a RC2 shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at (877) 779-1414 or [ Ottensoser@bernlieb.com ].
Bernstein Liebhard has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journala™s aPlaintiffsa™ Hot Lista in each of the last eight years.
Bernstein Liebhard LLP |
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(877) 779-1414 |
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ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.