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HASTINGS ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

    HASTINGS ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A.
                      Announces Investigation Of Buyout

PR Newswire

WILMINGTON, Del., April 22, 2014

WILMINGTON, Del., April 22, 2014 /PRNewswire/ --Rigrodsky & Long, P.A.:

  oDo you own shares of Hastings Entertainment, Inc. (NASDAQ CM: HAST)?
  oDid you purchase any of your shares prior to March 17, 2014?
  oDo you think the proposed buyout price is too low?
  oDo you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Hastings Entertainment, Inc.
("Hastings" or the "Company") (NASDAQ CM: HAST) regarding possible breaches of
fiduciary duties and other violations of law related to the Company's entry
into an agreement to be acquired by affiliates of Joel Weinshanker
("Weinshanker") in a transaction valued at approximately $21.4 million.

Click here to learn more:
http://www.rigrodskylong.com/investigations/hastings-entertainment-inc-hast.

Under the terms of the agreement, public shareholders of Hastings will receive
$3.00 per share in cash for each share of Hastings they own.

The investigation concerns whether Hastings's board of directors failed to
adequately shop the Company and obtain the best possible value for Hastings's
shareholders before entering into an agreement with Weinshanker. According to
Yahoo! Finance, at least one analyst has issued a price target for Hastings
stock at $5.00 per share.

If you own the common stock of Hastings and purchased your shares before March
17, 2014, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky &
Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803; by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/hastings-entertainment-inc-hast.

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
info@rl-legal.com
http://www.rigrodskylong.com

SOURCE Rigrodsky & Long, P.A.

Website: http://www.rigrodskylong.com
 
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