Harwood Feffer LLP Announces Investigation of Ruby Tuesday, Inc.

NEW YORK, Oct. 18, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Ruby Tuesday, Inc. ("Ruby Tuesday" or the "Company") (NYSE: RT) concerning the proposed sale of the Company to NRD Capital ("NRD").

Under the terms of the offer, NRD would acquire Ruby Tuesday in a transaction valued at approximately $146 million.  Pursuant to the deal, Ruby Tuesday stockholders will receive $2.40 in cash per share. 

Our investigation concerns whether the Ruby Tuesday board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Ruby Tuesday shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP