DRJ Dreams, Inc.

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Dreams, Inc. (“Dreams” or “DRJ”) (AMEX: DRJ) to Fanatics, Inc. for shareholders. Under the proposed transaction, Dreams shareholders will receive only $3.45 in cash for each share of Dreams stock owned, which is well below its estimated value $5.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The definitive acquisition agreement involves an all cash transaction with aggregate transaction value of approximately $183 million, including debt. The deal is expected to close in the third quarter of 2012.

The investigation centers on whether Dreams shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Dreams stock, and whether Dreams' board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. According to Yahoo! Finance, at least one analyst has stated that the true inherent value of Dreams may be as high as $5.00 per share, far higher than the current price being offered to shareholders. According to shareholder rights attorney Willie Briscoe, “Based on the lack of a significant premium to Dreams shareholders and the fact that the sale price is well below the target price set by analysts, the firms believe that the buyout price may not be fair to Dreams shareholders. Our proposed shareholder lawsuit seeks to obtain the highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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