NASDAQ GS
UNTD

United Online, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of United Online, Inc. (NASDAQ GS: UNTD) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of United Online, Inc. (“United Online” or the “Company”) (NASDAQ GS: UNTD) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by B. Riley Financial, Inc. (“B. Riley”) (NASDAQ CM: RILY), in a transaction valued at approximately $170 million.

Under the terms of the agreement, shareholders of United Online will receive $11.00 in cash for each share of United Online common stock.

The investigation concerns whether United Online’s board of directors failed to adequately shop the Company and obtain the best possible value for United Online shareholders before entering into an agreement with B. Riley.  According to Yahoo! Finance, at least one analyst has issued a price target for United Online stock at $19.50 per share.

If you own the common stock of United Online and purchased your shares before May 4, 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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