Rigrodsky & Long, P.A. Investigates Sale of “Nobel Learning Communities”, Inc. to Leeds Equity Partners…

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

The investigation concerns whether Nobel Learning’s board of directors failed to adequately shop the Company and obtain the best price possible for Nobel Learning’s shareholders before entering into the agreement with Leeds Equity Partners….

Leeds is a “for profit” group that currently includes companies that dispense commercial property management software, that are a designer and manufacturer of furniture for the educational, hospitality and healthcare industries, and that are a educational temporary agency to supply unfilled educational positions….

Of course, the bigger question behind this, is whether the mechanization behind what is truly at stake when Delaware moves towards allowing corporate interests to control all aspects of our children’s education… IS TRULY WHAT IS BEST FOR OUR CHILDREN…

Kilroy’s Delaware is quick to point out connections between Markell’s Race to the Top and Wall Street. Here is one, and another, and another, all recently posted….

But what no one has addressed is where the equitization of public education is leading us…

The big question is this: who has more accountability towards the education of our children? Ourselves through our government? Or companies bought and sold for $11.75 dollars a share in cash…. ?

I think the answer is this: whereas innovation can be found in upstart companies seeking to compete in a new market, overall, .. the long term management of education is best left to the long term institutions who by their nature endowed with a long term view…

A healthy combination of both, are the guiding stars we need to use to steer our ship…

The answer is so obvious, it is almost comical that everyone twists, turns, bends over backwards and tries so hard, not to see it… Bottom line, if the system is financially broke, the simple solution is to tax the wealthy a tiny bit more, and fix what is broken; not pay those working way too hard already, …even less… 😦