Law Firm Brower Piven Announces Investigation of rue21, inc. Going Private Transaction
2013年5月24日 - 3:57AM
ビジネスワイヤ(英語)
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of rue21, inc. (“rue21”
or the “Company”) (Nasdaq: RUE) and other violations of state law
by the board of directors of rue21 relating to the proposed going
private transaction of the Company by private equity firm Apax
Partners. The firm’s investigation seeks to determine, among other
things, whether the board of directors of rue21 breached their
fiduciary duties by failing to maximize shareholder value.
According to the press release announcing the proposed going
private transaction, rue21 shareholders will receive $42.00 per
share in cash for each share of rue21 common stock they own.
If you currently own common stock of rue21 and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
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