Finkelstein Thompson LLP Announces Investigation of 99 Cents Only Stores

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of 99 Cents Only Stores (the “Company”) (NYSE:NDN) concerning the proposed acquisition of the Company by the Schiffer/Gold family, together with Leonard Green & Partners, L.P. (“LGP”) in a going private transaction. Under the terms of the offer, the Company’s shareholders will receive $19.09 per share in cash for each share of the Company's common stock held in a transaction valued at approximately $1.34 billion.

The investigation is focused on the potential unfairness of the consideration to the Company’s shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among the Company’s Board members. In particular, according to Yahoo! Finance, at least one analyst has set a target price of $22.00 for the Company’s shares.

If you are interested in discussing your rights as a shareholder of the Company, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at [phone] or by email at [e-mail].

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

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