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RLJ ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

July 30, 2018

WILMINGTON, Del.--(BUSINESS WIRE)--Jul 30, 2018--Rigrodsky & Long, P.A.:

Do you own shares of RLJ Entertainment, Inc. (NASDAQ CM: )? Did you purchase any of your shares prior to July 30, 2018? Do you think the proposed buyout is fair? Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of RLJ Entertainment, Inc. (“RLJ Entertainment” or the “Company”) (NASDAQ CM: RLJE ) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by AMC Networks Inc. (“AMC Networks”) (NASDAQ GS: AMCX ) in a transaction valued at approximately $274 million. Under the terms of the agreement, shareholders of RLJ Entertainment will receive $6.25 in cash for each share of RLJ Entertainment common stock.

If you own common stock of RLJ Entertainment and purchased any shares before July 30, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005668/en/

CONTACT: Rigrodsky & Long, P.A.

Seth D. Rigrodsky

Gina M. Serra

888-969-4242

302-295-5310

Fax: 302-654-7530

info@rl-legal.com

http://www.rigrodskylong.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Rigrodsky & Long, P.A.

Copyright Business Wire 2018.

PUB: 07/30/2018 02:16 PM/DISC: 07/30/2018 02:16 PM

http://www.businesswire.com/news/home/20180730005668/en

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