The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of NightHawk Radiology Holdings, Inc. by Vi...

Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors ("Board") of NightHawk Radiology Holdings, Inc. ("NightHawk" or the "Company") (NasdaqGM: NHWK) in connection with their efforts to sell NightHawk to Virtual Radiologic Corp. ("vRad"). If the transaction is completed, NightHawk shareholders will receive $6.50 in cash for each share of NightHawk common stock they hold.

Robbins Umeda LLP's investigation concerns whether NightHawk's Board undertook a fair process to obtain fair consideration for all shareholders of NightHawk. Specifically, our investigation concerns whether the Company's Board breached their fiduciary duties to NightHawk shareholders by failing to adequately shop the Company before entering into the transaction with vRad. Notably, NightHawk reported strong revenues of $38.8 million for second quarter 2010, above analyst forecasts. NightHawk also reported adjusted earnings per diluted share of $0.10 per share, beating analyst estimates of $0.07. Further, just one year ago, on September 28, 2009, NightHawk's common stock traded as high as $7.45, 15% higher than Virtual Radiologic Corp.'s bid.

If you are a shareholder of NightHawk, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP is a California-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please go to http://www.robbinsumeda.com.

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