SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against Neustar, Inc.

WILMINGTON, Del., Feb. 09, 2017 -- Rigrodsky & Long, P.A.:

Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Neustar, Inc. (“Neustar”) (NYSE:NSR) common stock in connection with the proposed acquisition of Neustar by Golden Gate Capital and its affiliates (collectively, “Golden Gate”) announced on December 14, 2016 (the “Complaint”).  The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Neustar, its Board of Directors (the “Board”), and Golden Gate, is captioned Parshall v. Neustar, Inc., Case No. 1:17-cv-00060-LPS (D. Del.). 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail at [email protected]; or at: http://rigrodskylong.com/investigations/neustar-inc-nsr/.

On December 14, 2016, Neustar entered into an agreement and plan of merger (the “Merger Agreement”) with Golden Gate. Pursuant to the Merger Agreement, Neustar shareholders will receive $33.50 per share in cash (the “Proposed Transaction”).

The Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, on January 17, 2017, defendants issued materially incomplete disclosures in a Preliminary Proxy Statement (the “Proxy Statement”) filed with the United States Securities and Exchange Commission. The Complaint asserts that the Proxy Statement, which recommends that Neustar stockholders vote in favor of the Proposed Transaction, omits material information necessary to enable shareholders to make an informed decision as to how to vote on the Proposed Transaction, including material information with respect to Neustar’s financial projections, the opinions and analyses of Neustar’s financial advisor, and the background of the Proposed Transaction. The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Neustar common stock. 

If you wish to serve as lead plaintiff, you must move the Court no later than April 10, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation, and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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

CONTACT:                                                                                             

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected] 
http://www.rigrodskylong.com