Full Circle Capital Corporation

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Full Circle Capital Corporation (NASDAQ GM: FULL) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Full Circle Capital Corporation (“Full Circle” or the “Company”) (NASDAQ GM: FULL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Great Elm Capital Corp., a company formed by Great Elm Capital Group, Inc. (“GEC”, formerly Unwired Planet, Inc.) (NASDAQ GS: GEC) and funds managed by MAST Capital Management, LLC (“MAST Capital,” together with GEC, the “Consortium”).

Under the terms of the agreement, Full Circle stockholders are expected to own approximately 38% of the combined Great Elm Capital Corp., based on a pro-forma net asset value in excess of $190 million as of March 31, 2016.

The investigation concerns whether Full Circle’s board of directors failed to adequately shop the Company and obtain the best possible value for Full Circle shareholders before entering into an agreement with the Consortium.

If you own the common stock of Full Circle and purchased your shares before June 24, 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

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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