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RealNetworks, Inc. Investigation
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RealNetworks, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RealNetworks, Inc. (“RealNetworks” or the “Company”) (NASDAQ:RNWK), in connection with the proposed merger of the Company with Greater Heights LLC, an affiliate of the Company’s founder, Chairman and CEO, Robert D. Glaser.  Under the terms of the merger agreement, the Company’s shareholders will receive $0.73 in cash for each share of RealNetworks common stock owned.  Mr. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RealNetworks.

Weiss Law is investigating whether (i) RealNetworks’ board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $0.73 per-share merger consideration adequately compensates RealNetworks’ shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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