SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of The Jones Group, Inc.
07 Enero 2014 - 3:54PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
The Jones Group, Inc. (“The Jones Group” or the “Company”) (NYSE:
JNY) relating to the proposed acquisition by Sycamore Partners.
Click here to learn more about the investigation
http://brodsky-smith.com/698-jny-the-jones-group-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, The Jones Group shareholders
will receive only $18.00 in cash for each share of The Jones Group
stock they own. The investigation concerns possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of The Jones Group for not acting in the Company’s
shareholders' best interests in connection with the sale process.
The investigation seeks to determine if The Jones Group Board of
Directors failed to conduct an adequate auction process and whether
Sycamore Partners is underpaying for The Jones Group shares.
If you own shares of The Jones Group common stock and wish to
discuss the legal ramifications of the proposed transaction, or
have any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/698-jny-the-jones-group-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/698-jny-the-jones-group-inc.html
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