Robbins Umeda LLP as commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the board of directors of Smurfit-Stone Container Corporation (NYSE: SSCC) in connection with their efforts to sell the company to RockTenn Company (NYSE: RKT).  If the transaction is completed, Smurfit-Stone shareholders will receive $17.50 in cash and 0.30605 shares of RockTenn for each share of Smurfit-Stone common stock they hold.  The transaction is expected to close in the second quarter of 2011.

Robbins Umeda LLP's investigation concerns whether the Smurfit-Stone board undertook a fair process to obtain fair consideration for its shareholders.  Specifically, the investigation concerns whether members of the Smurfit-Stone board breached their fiduciary duties to its shareholders by failing to adequately shop the company before entering into the transaction with RockTenn.

If you are a shareholder of Smurfit-Stone, 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@robbinsllp.com.