Levi & Korsinsky has commenced an investigation the Board of Directors
of Zale Corporation ("Zale" or "the Company") (NYSE: ZLC) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Signet Jewelers Limited
Click here to learn more: http://zlk.9nl.com/zale-corporation-zlc,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Zale shareholders will receve $21
in cash for each share of Zale stock they own. The deal has a total
approximate value of $1.4 billion. The investigation concerns whether
the Zale Board breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into
this transaction, and whether Signet Jewelers is underpaying for Zale
shares. Shareholder Golden Gate Capital has already agreed to tender its
22% of Zale shares.
If you own Zale common stock and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/zale-corporation-zlc.
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. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
[ Back To NFVZone's Homepage ]