SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of rue21, Inc.
03 Giugno 2013 - 6:36PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
rue21, Inc. (“rue21” or the “Company”) (Nasdaq: RUE) relating to
the proposed acquisition by Apax Partners.
Click here to learn more about the investigation
http://brodsky-smith.com/592-rue-rue21-inc.html, or call
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, rue21 shareholders will
receive only $42.00 in cash for each share of rue21 stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of rue21
for not acting in the Company’s shareholders' best interests in
connection with the sale process. Specifically, the investigation
seeks to determine whether or not conflicts of interests played a
role in the transaction as Apax Partners currently own
approximately 30% of rue21.
If you own shares of rue21 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/592-rue-rue21-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.
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