NASDAQ GS
REXI

Resource America, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Resource America, Inc. (NASDAQ GS: REXI) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Resource America, Inc. (“Resource America” or the “Company”) (NASDAQ GS: REXI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by C-III Capital Partners LLC (“C-III”), in a transaction valued at approximately $207 million.

Under the terms of the agreement, shareholders of Resource America will receive $9.78 in cash for each share of Resource America common stock.

The investigation concerns whether Resource America’s board of directors failed to adequately shop the Company and obtain the best possible value for Resource America shareholders before entering into an agreement with C-III.  According to Yahoo! Finance, at least one analyst has issued a price target for Resource America stock at $11.00 per share.

If you own the common stock of Resource America and purchased your shares before May 23, 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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