WILMINGTON, DE / ACCESSWIRE / January 6, 2020 / Rigrodsky & Long, P.A.:
- Do you own shares of The Habit Restaurants, Inc. (NASDAQ GM:HABT)?
- Did you purchase any of your shares prior to January 6, 2020?
- 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 The Habit Restaurants, Inc. ("The Habit Burger Grill" or the "Company") (NASDAQ GM: HABT) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by YUM! Brands, Inc. ("YUM! Brands") (NYSE: YUM) in a transaction valued at approximately $375 million. Under the terms of the agreement, shareholders of The Habit Burger Grill will receive $14.00 in cash for each share of The Habit Burger Grill they own.
If you own common stock of The Habit Burger Grill and purchased any shares before January 6, 2020, 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
SOURCE: Rigrodsky & Long, P.A.