The Carlsbadistan based fish taco popularizer Rubio’s just announced that they are planning to sell the company and already at least one shareholder is suing, according to the North County Times.
The lawsuit was filed Wednesday on behalf of investor Gregory Burt and other shareholders by the San Diego law firm Robbins Umeda LLP. Attorneys are seeking class action status for the suit, filed in the Vista branch of San Diego Superior Court. . . The lawsuit asks that the court declare the purchase agreement “unlawful and unenforceable,” and to order the defendants to redo the sale to get the best price for Rubio’s shareholders.
Looks like they’re headed for a fish taco showdown.
[Link: North County Times]
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