Rigrodsky & Long, P.A. Announces Investigations Of Ancestry.com, Inc. and Cascade Corporation Buyouts

WILMINGTON, Del., Oct. 22, 2012 /PRNewswire/ --

Ancestry.com

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Ancestry.com, Inc. ("Ancestry.com" or the "Company") (NASDAQ GS: ACOM) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Permira Funds ("Permira") in a transaction valued at approximately $1.6 billion.  Under the terms of the proposal, public shareholders of Ancestry.com will receive $32.00 per share in cash for each share of Ancestry.com they own.

The investigation concerns whether Ancestry.com's board of directors failed to adequately shop the Company and obtain the best possible value for Ancestry.com's shareholders before entering into an agreement with Permira.  According to Yahoo! Finance, at least one analyst has set a price target for Ancestry.com stock at $45.00 per share.                  

If you own the common stock of Ancestry.com and purchased your shares before October 22, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to [email protected], or at: http://www.rigrodskylong.com/investigations/ancestry-com-inc-acom.        

Cascade Corporation

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Cascade Corporation ("Cascade" or the "Company") (NYSE: CASC) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Toyota Industries Corporation ("Toyota") in a transaction valued at approximately $759 million.  Under the terms of the proposal, public shareholders of Cascade will receive $65.00 per share in cash for each share of Cascade they own.

The investigation concerns whether Cascade's board of directors failed to adequately shop the Company and obtain the best possible value for Cascade's shareholders before entering into an agreement with Toyota.                 

If you own the common stock of Cascade and purchased your shares before October 22, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to [email protected], or at: http://www.rigrodskylong.com/investigations/cascade-corporation-casc.         

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.
Peter Allocco
(888) 969-4242
(516) 683-3516
Fax: (302) 654-9430
[email protected]
http://www.rigrodskylong.com

SOURCE Rigrodsky & Long, P.A.