NEW YORK, Nov. 16, 2017 /PRNewswire/ -- Notice is hereby
given that Monteverde & Associates PC has filed a class action
lawsuit in the United States District Court for the Eastern
District of Tennessee Northern Division, case no. 3:17-cv-00478, on
behalf of shareholders of Ruby Tuesday, Inc. ("Ruby Tuesday" or the
"Company") (NYSE: RT) who held Ruby Tuesday securities and have
been harmed by Ruby Tuesday and its board of directors' alleged
violations of Sections 14(a) and 20(a) of the Securities Exchange
Act of 1934 (the "Exchange Act") in connection with the merger of
the Company to NRD Capital (the "Proposed Merger").
Under the terms of the merger agreement, Ruby Tuesday
shareholders are only anticipated to receive $2.40 in cash in exchange for each share of Ruby
Tuesday. The complaint alleges that the Proposed Merger is unfair
to Ruby Tuesday shareholders and that the preliminary proxy
statement regarding the Proposed Merger (the "Proxy") provides
materially incomplete and misleading information about the
Company's financials and the fairness of the Proposed Merger, in
violation of Sections 14(a) and 20(a) of the Exchange Act.
If you wish to serve as lead plaintiff, you must move the Court
no later than 60 days from today. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
class member. If you wish to discuss this action, or have any
questions concerning this notice or your rights or interests,
please contact Monteverde & Associates PC:
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct. Mr. Monteverde, who leads the legal team at
the firm, has been recognized by Super Lawyers as a Rising Star in
Securities Litigation in 2013 and 2017, an award given to less than
2.5% of attorneys in a particular field.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC
