NEW YORK, May 6, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of R.G. Barry
Corporation ("R.G. Barry" or "the
Company") (NasdaqGS: DFZ) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to Mill Road Capital ("Mill Road").
Click here to learn more about the investigation:
http://zlk.9nl.com/rgbarry-dfz, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive
$19.00 per share in cash for each
outstanding share of R.G. Barry
common stock. The transaction is currently valued at
approximately $215 million. The
investigation concerns whether the R.G. Barry Board of directors
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Mill Road is underpaying for R.G. Barry shares. In particular, at least
one financial analyst set a price target for R.G. Barry stock at $21.50 per share.
If you own R.G. Barry common
stock and wish to obtain additional information, please contact
Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/rgbarry-dfz.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut, and Washington D.C. The
firm's 26 attorneys have extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards
on behalf of investors. Attorney advertising. Prior
results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP