INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of R.G. Barry Corp. & Its Board of Directors In Connection With...
May 02 2014 - 11:09AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
R.G. Barry Corporation (“R.G. Barry” or “the Company”) (NasdaqGS:
DFZ) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Mill
Road Capital (“Mill Road”).
Click here to learn more about the investigation:
http://zlk.9nl.com/rgbarry-dfz, or call: 877-363-5972. There
is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive
$19.00 per share in cash for each outstanding share of R.G. Barry
common stock. The transaction is currently valued at approximately
$215 million. The investigation concerns whether the R.G. Barry
Board of directors breached their fiduciary duties to stockholders
by failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Mill Road is underpaying for
R.G. Barry shares. In particular, at least one financial analyst
set a price target for R.G. Barry stock at $21.50 per share.
If you own R.G. Barry common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit http://zlk.9nl.com/rgbarry-dfz.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut, and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous
courts throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of
investors. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
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