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Jamba, Inc. (JMBA)

(NasdaqGM: JMBA)


Faruqi & Faruqi, LLP Launches An Investigation Against Jamba, Inc. (JMBA) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Jamba, Inc. (“Jamba” or the “Company”) (NasdaqGM: JMBA) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the adoption of the Jamba, Inc. 2013 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on April 1, 2013, the Board of Directors recommends that Jamba’s shareholders vote to approve the adoption of the Jamba, Inc. 2013 Equity Incentive Plan which would authorize an aggregate of up to 9,000,000 shares issuable under the plan. The issuance of the additional shares could have a substantial dilutive effect on the shares of Jamba common stock.

If you own common stock in Jamba and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


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