NEW YORK, Oct. 2, 2015 /PRNewswire/ -- Morgan &
Morgan announces that it is investigating potential claims against
the board of directors of Rentrak Corporation ("Rentrak" or the
"Company") (NasdaqGS: RENT) concerning possible breaches of
fiduciary duty and other violations of law related to the to the
proposed sale of the Company to comScore, Inc.
("comScore").
If you own shares of Rentrak and would like to learn more about
the Rentrak shareholder investigation, you may contact Morgan &
Morgan at 1(800) 732-5200 or email
info@morgansecuritieslaw.com.
Under the terms of the transaction, shareholders of Rentrak will
receive 1.15 shares of comScore for each share of Rentrak stock
held. Based on Rentrak's closing price on September 28, 2015, Rentrak shareholders would
have received compensation valued at approximately $49.62 per share. The investigation relates
to whether the proposed sale is fair to the public shareholders and
if the Company's Board of Directors breached their fiduciary duties
to shareholders.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also
practices in the areas of antitrust, personal injury, consumer
protection, overtime, and product liability. All of the
Firm's legal endeavors are rooted in its core mission: provide
investor and consumer protection and always fight "for the
people."
Attorney advertising. Prior results do not guarantee a
similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan