Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Nobel Learning Communities, Inc. (“Nobel Learning” or the “Company”) (NasdaqGM: NLCI) for potential breaches of fiduciary duties in connection with their duty to disclose material information in the Preliminary Proxy Statement (“Proxy”) filed with the SEC on June 16, 2011. The Proxy is seeking to get shareholders’ approval of the sale of the Company to Leeds Equity Partners in a deal valued at roughly $149 million. The proposed transaction offers Nobel Learning shareholders $11.75 per share in cash, while, according to Yahoo! Finance, at least one financial analyst has set a price target of $20 per share for Nobel Learning stock.

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Whether Nobel Learning’s Board of Directors breached their fiduciary duties to Nobel Learning’s stockholders by failing to disclose all material information in the Proxy, whether it failed to maximize shareholder value and if so by how much the sale undervalues the Company to the detriment of Nobel Learning’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 Nobel Learning and wish to obtain additional information, please visit us at www.faruqilaw.com/NLCI 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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Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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