rue21, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP
2013年5月24日 - 2:08AM
ビジネスワイヤ(英語)
Glancy Binkow & Goldberg LLP is investigating potential
claims against the Board of Directors of rue21, Inc. (“rue21” or
the “Company”) (NASDAQ:RUE) related to the proposed acquisition of
the Company by Apax Partners. The transaction is valued at
approximately $1.1 billion, or $42 per share.
This investigation concerns whether the Board of Directors of
rue21 breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction. The
Company has seen substantial recent growth. Its share price has
skyrocketed from $19.95 on January 6, 2012 to $34.28 on May 7,
2013.
If you are a shareholder of rue21, if you have information or
would like to learn more about our investigation, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Louis Boyarsky, Esquire, Glancy Binkow
& Goldberg LLP, 1925 Century Park East, Suite 2100, Los
Angeles, CA 90067, by telephone at 310-201-9150 or Toll-Free at
888-773-9224 or by email to shareholders@glancylaw.com. This press
release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Rue21, Inc. (MM) (NASDAQ:RUE)
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