Law Firm of Wohl & Fruchter Commences Investigation into Acquisition of California Pizza Kitchen, Inc. by Golden Gate Capital

The law firm of Wohl & Fruchter LLP has commenced an investigation into the proposed acquisition of California Pizza Kitchen, Inc. (“California Pizza”) (NASDAQ: CPKI) by the private equity firm Golden Gate Capital (“Golden Gate”).

On May 25, 2011, California Pizza announced that it had entered into an agreement for Golden Gate to acquire the company for $18.50/share in cash, an 11% premium over the closing price of the company’s stock on the day prior to the announcement.

According to recent filings with the Securities and Exchange Commission, California Pizza’s co-CEOs hold stock options that far exceed their current stock ownership in the company. Wohl & Fruchter’s investigation concerns whether approval of the merger was improperly motivated by the executives’ large option holdings, post-closing employment arrangements, or other conflicts of interest.

Additional information is available at http://www.wohlfruchter.com/cases/cpki.

Persons with relevant information, and California Pizza shareholders with questions about this investigation, are invited to contact our Firm.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

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