NEW YORK, Nov. 14, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

Protecting the Rights of Shareholders

To: All Persons or Entities who purchased Blue Nile Inc. (NASDAQ: NILE) stock prior to November 7, 2016.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Blue Nile to a group of investors including Bain Capital Private Equity and Bow Street LLC. Under the terms of the transaction, Blue Nile shareholders will receive $40.75 per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/bluenile-nile or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-levi--korsinsky-llp-announces-an-investigation-concerning-whether-the-sale-of-blue-nile-inc-to-a-consortium-for-4075-per-share-is-fair-to-shareholders----nile-300362332.html

SOURCE Levi & Korsinsky, LLP

Copyright 2016 PR Newswire

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