SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of R.G. Barry Corporation
10 Maggio 2014 - 12:05AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
R.G. Barry Corporation (“R.G. Barry” or the “Company”) (Nasdaq:
DFZ) relating to the proposed acquisition by Mill Road Capital
(“Mill Road”).
Click here to learn more about the investigation
http://brodsky-smith.com/755-dfz-rg-barry-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, R.G. Barry shareholders will
receive only $19.00 in cash for each share of R.G. Barry stock they
own. The investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of R.G.
Barry for not acting in the Company’s shareholders' best interests
in connection with the sale process. The transaction may undervalue
the Company and would result in a loss or no substantial gain for
many holders of R.G. Barry stock. For example, R.G. Barry stock
traded at $19.49 per share as recently as March 18, 2014 and traded
at $19.68 per share on December 30, 2013. In addition, an analyst
has set a $21.50 per share price target on R.G. Barry stock.
If you own shares of R.G. Barry 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/755-dfz-rg-barry-corporation.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/755-dfz-rg-barry-corporation.html
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