MSSR Mccormick & Schmicks Seafood Restaurants, Inc. (MM)

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of McCormick & Schmick’s Seafood Restaurants, Inc. (“MSSR” or the “Company”) (NASDAQ:MSSR) related to the proposed acquisition of the Company by Landry’s, Inc. The transaction is valued at approximately $131.6 million or $8.75 per share.

The investigation concerns whether the Board of Directors of MSSR breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. MSSR stock traded as high as $10.27 on February 28, 2011. Further, at least one analyst has set a target price for the Company’s stock at $9.00.

If you are a shareholder of MSSR, 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 Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Mccormick & Schmicks Seafood Restaurants, Inc. (MM) (NASDAQ:MSSR)
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