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Ruth’s Hospitality Group, Inc. Investigation
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Ruth’s Hospitality Group, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH), in connection with its acquisition via tender offer by Darden Restaurants, Inc. (NASDAQ: DRI).  Under the merger agreement, RUTH shareholders will receive $21.50 cash per share.  The transaction is valued at approximately $715 million.

Weiss Law is investigating whether (i) Ruth’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $21.50 per share merger consideration adequately compensates Ruth’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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