WILMINGTON, DE / ACCESSWIRE / August 29, 2019 / Rigrodsky & Long, P.A.:
- Do you own shares of Castle Brands Inc. (NYSE American:ROX)?
- Did you purchase any of your shares prior to August 28, 2019?
- Do you think the proposed buyout is fair?
- 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 Castle Brands Inc. (“Castle Brands” or the “Company”) (NYSE AMERICAN:ROX) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Pernod Ricard S.A. (“Pernod Ricard”) (OTC:PDRDF) in a deal valued at approximately $223 million. Under the terms of the agreement, shareholders of Castle Brands will receive $1.27 in cash for each share of Castle Brands common stock they own.
If you own common stock of Castle Brands and purchased any shares before August 28, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected]
http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long, P.A.