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Archipelago Learning, Inc. (NASDAQ:ARCL) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you are a current investor in Archipelago Learning, Inc. (NASDAQ:ARCL) shares and purchased your NASDAQ:ARCL shares prior to March 5, 2012, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

San Diego, March 12, 2012 (Shareholders Foundation) -- An investor in NASDAQ:ARCL shares filed a lawsuit in State Court against directors of Archipelago Learning, Inc. in effort to block the proposed takeover of Archipelago Learning, Inc. by PLATO Learning for $11.10 per NASDAQ:ARCL. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties ...



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