NASDAQ GS
CRWN

Crown Media Holdings, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Crown Media Holdings, Inc. (NASDAQ GS: CRWN) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Crown Media Holdings, Inc. (“Crown Media” or the “Company”) (NASDAQ GS: CRWN) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s proposed acquisition by Hallmark Cards, Inc. (“Hallmark”).

Under the terms of the transaction, shareholders of Crown Media will receive $5.05 in cash for each share of Crown Media common stock.  Hallmark and its affiliates currently own 90.3% of Crown Media outstanding stock.

If you own the common stock of Crown Media and purchased your shares before March 9, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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