Levi & Korsinsky, LLP Investigates Possible Breach Of Fiduciary Duty By The Board Of Rubio's Restaurants Inc. - RUBO

Levi & Korsinsky is investigating the Board of Directors of Rubio's Restaurants Inc. (“Rubio's Restaurants” or the “Company”) (NasdaqGM: RUBO) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Mill Road Capital, L.P., a private investment firm ("Mill Road"). Under the terms of the transaction, Rubio's Restaurants shareholders will receive $8.70 in cash for each Rubio's Restaurants share of common stock they own for a total transaction value of approximately $91 million.

The investigation concerns whether the Rubio's Restaurants Board of Directors breached their fiduciary duties to Rubio's Restaurants stockholders by failing to adequately shop the Company before entering into this transaction and whether Mill Road is underpaying for Rubio's Restaurants shares, thus unlawfully harming Rubio's Restaurants stockholders. In particular, at least one analyst set a price target for Rubio's Restaurants stock at $10.00 per share and the median target set by analysts is $9.25 per share.

If you own common stock in Rubio's Restaurants and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone] or visit http://www.zlk.com/rubios-restaurants-rubo.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

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