R.G. Barry Corp. Shareholder Alert: Former SEC Attorney Willie Briscoe & Powers Taylor LLP Investigate Acquisition by Mill Ro...
May 02 2014 - 11:15AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating potential claims against the Board of
Directors of R.G. Barry Corporation (“R.G. Barry”) (NasdaqGS: DFZ)
related to the definitive agreement with Mill Road Capital II, L.P.
for shareholders. Under the terms of the transaction R.G. Barry
shareholders will only receive $19.00 in cash per share owned, well
below at least one analyst’s estimated value of $21.50 per
share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor
LLP, toll free (877) 728-9607, via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The R.G. Barry investigation centers on whether the Board of
Directors of R.G. Barry is acting in the shareholders’ best
interests, whether the board is properly considering the proposed
price for the shareholders, and whether the board has employed an
adequate process to review and act on the proposed transaction.
Notably, at least one analyst with Yahoo! Finance estimates that
the true inherent value of R.G. Barry could be as high as
$21.50.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor
LLPPatrick Powers, 877-728-9607shareholder@powerstaylor.com
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