Bernstein Liebhard LLP Announces Investigation of Acquisition of The Pep Boys—Manny, Moe & Jack
January 30 2012 - 10:16AM
Business Wire
Bernstein Liebhard LLP is investigating whether the Board of
Directors of The Pep Boys—Manny, Moe & Jack (“Pep Boys” or the
“Company”) (NYSE: PBY) breached its fiduciary duty to its
shareholders in agreeing to sell Pep Boys to The Gores Group.
Under the terms of the agreement, Pep Boys shareholders will
receive $15.00 in cash for each share they own. The investigation
is focused on the potential unfairness of the price to Pep Boys
shareholders and the process by which the Pep Boys Board of
Directors considered and approved the transaction.
If you are interested in discussing your rights as a Pep Boys
shareholder and/or have information relating to the matter, please
contact U. Seth Ottensoser at (877) 779-1414 or
Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer
and shareholder rights cases and recovered over $3 billion for its
clients. It has been named to The National Law Journal’s
“Plaintiffs’ Hot List” in each of the last nine years.
Bernstein Liebhard LLP 10 East 40th Street New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Mary U. Hoover. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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