WILMINGTON, Del., Aug. 17, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating NTN Buzztime, Inc. (“NTN Buzztime”) (NYSE AMERICAN: NTN) regarding possible breaches of fiduciary duties and other violations of law related to NTN Buzztime’s agreement to merge with Brooklyn ImmunoTherapeutics LLC (“Brooklyn”), a privately-held biopharmaceutical company. Under the terms of the agreement, the members of Brooklyn collectively will own 94.08% of the outstanding common stock of the combined company and NTN Buzztime stockholders immediately prior to the closing of the merger collectively will own 5.92% of the outstanding common stock of the combined company.
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Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.
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