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Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Rubio’s Restaurants, Inc.

Business Wire
posted: 30 DAYS 9 HOURS AGO

Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of Rubio Restaurants, Inc. (“Rubio” or the “Company”) (Nasdaq: RUBO) for possible breaches of fiduciary duty and other violations of state law in connection with an unsolicited proposal to sell all of the Company’s outstanding shares of common stock at a price of $8.00 per share.

If you own common stock of Rubio and wish to obtain additional information about this matter, please contact Stull, Stull & Brody at the toll-free number listed below. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duties on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions.

The investigation concerns the price to be paid to Rubio shareholders and the process by which Rubio’s Board of Directors is addressing the proposed transaction. The price to be paid to Rubio shareholders was offered by the Company’s largest individual shareholder, who, in combination with certain Rubio insiders, controls nearly 50% of the Company’s common stock.

If you wish to discuss this matter or have any questions concerning this notice or your rights or interests with respect to this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.

Attorney advertising. Prior results do not guarantee a similar outcome.

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