WAYNE, Pa., Dec. 30, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of The Jones Group Inc. ("The Jones Group" or the
"Company") (NYSE: JNY) concerning possible breaches of fiduciary
duty and other violations of law related to the Company's efforts
to sell the Company to Sycamore Partners in a cash deal valued at
approximately $2.2 billion.
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If you own shares of The Jones Group and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/jny. You may also email Mr. Maniskas
at rmaniskas@rmclasslaw.com.
Under the terms of the proposed transaction, The Jones Group's
stockholders will receive $15.00 for
each share of The Jones Group's common stock they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by The Jones Group's Board of
Directors for not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT:
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Ryan &
Maniskas, LLP
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Richard A.
Maniskas, Esquire
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995 Old Eagle
School Rd., Suite 311
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Wayne, PA
19087
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877-316-3218
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www.rmclasslaw.com/cases/jny
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP