SOURCE: Goldfarb LLP

March 12, 2012 16:36 ET

Shareholder Class Action Lawsuit Filed Seeking More Money, Information for Archipelago Learning Stockholders, Announces Goldfarb LLP

DALLAS, TX--(Marketwire - Mar 12, 2012) - Securities lawyers at Goldfarb LLP announced a class action was filed against officers and directors of Archipelago Learning (NASDAQ: ARCL) for violating shareholder protection laws by agreeing to a buyout for $11.10 per share. Concerned Archipelago Learning investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their rights and remedies.

"The buyout price is lower than the average premium for the industry and only a 12 percent premium over the company's stock price over the last 20 days," said Hamilton Lindley. "Our shareholder lawsuit seeks to ensure the highest price reasonably available and the most information is disclosed to stockholders of the company."

Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Archipelago Learning stockholders -- or anyone with knowledge about this situation -- should contact lawyer Hamilton Lindley at hlindley@goldfarbllp.com or 877-583-2855 with questions or concerns.

Contact Information

  • Hamilton Lindley
    Goldfarb LLP
    2501 N. Harwood, Ste. 1801
    Dallas, TX 75201
    (877) 583-2855 Toll Free Telephone
    (214) 583-2233 Local Phone Number
    (214) 583-2234 Fax Number
    www.goldfarbllp.com