Rigrodsky & Long, P.A. Announces Investigation of BigBand Networks, Inc.

WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of BigBand Networks, Inc. (“BigBand” or the “Company”) (Nasdaq: BBND) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by ARRIS Group, Inc. (“ARRIS”) in a transaction with an approximate diluted equity value of approximately $172 million, or $53 million net of estimated BigBand cash on hand.