Glancy Binkow & Goldberg LLP Announces Investigation on Behalf of Shareholders of TradeStation Group, Inc. in Connection with...

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the board of directors of TradeStation Group, Inc. (“TradeStation” or the “Company”) (NASDAQ:TRAD) related to the Company’s agreement to be acquired by Monex Group, Inc. in a proposed transaction where TradeStation shareholders will receive $9.75 in cash for each share they own of the Company’s common stock. The transaction is valued at approximately $411 million.

The investigation concerns whether the board of directors of TradeStation breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. Specifically, the Company has seen substantial growth over the past six months and its shares have increased over 40% during the same period. Further, at least one analyst has set a target price of $10.00 per share, virtually nullifying any premium that TradeStation shareholders would receive under the transaction.

The proposed transaction is structured as a cash tender offer followed by a merger. Under the terms of the parties’ definitive agreement, the tender offer is expected to commence by May 10, 2011 and, if the tender offer is successfully completed, the merger is expected to close early in third-quarter 2011.

If you are a shareholder of TradeStation, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at 310-201-9150 or Toll Free at 888-773-9224, or by e-mail to shareholders@glancylaw.com.

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