BALA CYNWYD, Pa., May 2, 2014 /PRNewswire/ -- Law office of Brodsky
& Smith, LLC announces that it is investigating potential
claims against the Board of Directors of R.G. Barry Corporation
("R.G. Barry" or the "Company")
(Nasdaq: DFZ) relating to the proposed acquisition by Mill Road
Capital ("Mill Road").
Click here to learn more about the investigation
http://brodsky-smith.com/755-dfz-rg-barry-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, R.G.
Barry shareholders will receive only $19.00 in cash for each share of R.G. Barry stock they own The investigation
concerns possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of R.G. Barry for not acting in the Company's
shareholders' best interests in connection with the sale process.
The transaction may undervalue the Company and would result in a
loss or no substantial gain for many holders of R.G. Barry stock. For example, R.G. Barry stock traded at $19.49 per share as recently as March 18, 2014 and traded at $19.68 per share on December 30, 2013. In addition, an analyst has
set a $21.50 per share price target
on R.G. Barry stock.
If you own shares of R.G. Barry
common stock and wish to discuss the legal ramifications of the
proposed transaction, or have any questions, you may e-mail or call
the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky,
Esquire or Evan J. Smith,
Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by
e-mail at investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/755-dfz-rg-barry-corporation.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC