Faruqi & Faruqi, LLP Announces Investigation of California Pizza Kitchen, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating and monitoring the conduct of the Board of Directors of California Pizza Kitchen, Inc. (“California Pizza” or the “Company”) (NasdaqGS: CPKI) in relation to the sale of the Company to an affiliate of Golden Gate Capital, a private investment firm, for about $470 million. The proposed transaction offers California Pizza’s shareholders $18.50 per share in cash. According to Yahoo! Finance, at least one financial analyst has set a price target of $24.00 for California Pizza.

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Whether the California Pizza’s Board of Directors breached their fiduciary duties to California Pizza’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues California Pizza’s shares and by how much this proposed transaction undervalues the Company to the detriment of California Pizza’s shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in California Pizza and wish to obtain additional information, please visit us at www.faruqilaw.com/CPKI or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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