Rigrodsky & Long, P.A.:
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Do you own shares of LeapFrog Enterprises, Inc. (NYSE: LF)?
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Did you purchase any of your shares prior to February 5, 2016?
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Do you think the proposed buyout price is too low?
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Do you want to discuss your rights?
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of LeapFrog Enterprises, Inc.
(“LeapFrog” or the “Company”) (NYSE: LF)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
VTech Holdings Limited (“VTech”) (Other OTC: VTKLY),
in a transaction valued at approximately $72 million.
Click here to learn more: http://rigrodskylong.com/investigations/leapfrog-enterprises-inc.
Under the terms of the agreement, shareholders of LeapFrog will receive
$1.00 in cash per share.
The investigation concerns whether LeapFrog’s board of directors failed
to adequately shop the Company and obtain the best possible value for
LeapFrog shareholders before entering into the agreement with VTech.
If you own the common stock of LeapFrog and purchased your shares before
February 5, 2016, 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 D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242, by e-mail at info@rl-legal.com,
or at http://rigrodskylong.com/investigations/leapfrog-enterprises-inc.
Rigrodsky
& 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.
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