Morton's Restaurant Group, Inc. Merger Litigation (NYSE: MRT)

Law Office of Brodsky & Smith, LLC Announces Investigation of Morton’s Restaurant Group, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Morton’s Restaurant Group, Inc. (“Morton’s” or the “Company”) (NYSE - MRT- News) relating to the proposed acquisition by Tilman J. Fertitta’s wholly-owned company Fertitta Morton’s Restaurants, Inc. (“Fertitta”), an affiliate of Landry’s, Inc.  
 
Under the terms of the transaction, Morton’s shareholders would receive $6.90 in cash for each share Morton’s stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Morton’s for not acting in the Company’s shareholders' best interests in connection with the sale process to Fertitta. The transaction may undervalue Morton’s as Morton’s stock traded at $7.70 on May 27, 2011 and traded at $7.74 as recently as July 22, 2011. In addition, an analyst has set a price target of $9.00 per share for Morton’s stock.  
 
If you own shares of Morton’s stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

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