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RENT Rent the Runway Inc

10.15
0.28 (2.84%)
After Hours
Last Updated: 23:09:14
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rent the Runway Inc NASDAQ:RENT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.28 2.84% 10.15 9.60 10.14 11.50 9.53 9.65 286,013 23:09:14

Ryan & Maniskas, LLP Announces Investigation of Rentrak Corporation

01/10/2015 3:28pm

PR Newswire (US)


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WAYNE, Pa., Oct. 1, 2015 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Rentrak Corporation ("Rentrak" or the "Company") (NASDAQ: RENT) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to comScore, Inc.

Ryan & Maniskas, LLP.

If you own shares of Rentrak and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/rent.   You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. 

Under the terms of the agreement, shareholders of Rentrak will receive 1.15 shares comScore for each share of Rentrak they own.  Based on comScore's closing price on September 28, 2015, Rentrak shareholders would have received compensation valued at approximately $49.62 per share.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Rentrak for not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/rent            
rmaniskas@rmclasslaw.com 

Logo - http://photos.prnewswire.com/prnh/20121112/MM11729LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ryan--maniskas-llp-announces-investigation-of-rentrak-corporation-300152618.html

SOURCE Ryan & Maniskas, LLP

Copyright 2015 PR Newswire

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