Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of True Religion Apparel, Inc.
May 14th 2013 2:50PM
Updated May 14th 2013 2:56PM
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of True Religion Apparel, Inc. Shareholders
NEW YORK--(BUSINESS WIRE)-- Kirby McInerney LLP is investigating potential claims against the Board of Directors of True Religion Apparel, Inc. ("True Religion" or the "Company") (NAS: 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 email@example.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.
Kirby McInerney LLP
J. Brandon Walker, Esq.
(212) 699-1145 or (888) 529-4787
KEYWORDS: United States North America New York
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