Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of True Religion Apparel, Inc. Shareholders
15 5월 2013 - 3:37AM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of True Religion Apparel, Inc. (“True
Religion” or the “Company”) (NASDAQ: TRLG) related to the proposed
acquisition of the Company by TowerBrook Capital Partners L.P.
(“TowerBrook”). Under the terms of the transaction, TowerBrook will
purchase all of the outstanding common stock of True Religion for
$32.00 per share in cash, for a total transaction value of
approximately $835 million. The investigation concerns whether the
True Religion Board of Directors violated its fiduciary duties by
agreeing to this transaction and whether the proposed $32.00 per
share consideration adequately values True Religion common
shares.
If you are a True Religion shareholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq.
by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or
(888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
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