On or around 11/14/2018 (Ongoing date of last review)
Filing Date: February 21, 2018
According to the Complaint, this is a stockholder class action brought on behalf of the former holders of Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) common stock against Ruby Tuesday’s Board of Directors (the “Board”) for violations of federal law arising out of an allegedly misleading proxy statement recommending the go-private sale of the Company to certain affiliates of NRD Capital Management (“NRD”) for $2.40 per share (the “Acquisition” or “Merger”), in violation of §14(a) of the 1934 Act and SEC Rule 14a-9 promulgated thereunder.
Before the Merger, Ruby Tuesday was a publicly traded, multinational foodservice retailer that owned, operated and franchised restaurants.
On November 14, 2018, the Court issued an Order appointing Lead Plaintiff and Counsel.
Company & Securities Information
Defendant: Ruby Tuesday, Inc.
Headquarters: United States
Ticker Symbol: RT
Company Market: New York SE
Market Status: Privately Held
About the Company & Securities Data
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