The Talbots, Inc Merger Litigation (NYSE: TLB)

Law Office of Brodsky & Smith, LLC Announces Investigation of The Talbots, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of The Talbots, Inc. (“Talbots” or the “Company”) (NYSE– TLB- News) relating to the proposed acquisition by private-equity firm Sycamore Partners (“Sycamore”).  
 
Under the terms of the proposal, Talbots shareholders would receive $3.00 in cash for each share Talbots stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Talbots for not acting in the Company’s shareholders' best interests in connection with the sale process with the Company’s largest shareholder. Talbots shares have plunged more than 80 percent this year alone. It has been reported that Sycamore has said that Talbots managers have rebuffed attempts to discuss any “value-enhancing transaction”.  
 
If you own shares of Talbots 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, or by calling toll free 877-LEGAL-90. 

To Join the The Talbots, Inc Litigation

  1. Fill out this form





    By clicking on the submit button, I acknowledge that I have downloaded and read both the Merger Class Action Lawsuit Retainer Agreement and Class Representative Rights and Responsibilities documents, and agree to retain Brodsky & Smith, LLC to file an action against The Talbots, Inc in connection with this case. Brodsky & Smith, LLC will prosecute the action on a contingent fee basis and will advance all costs and expenses.

  2. View Complaint

    The complaint is unavailable at this time

    Join Other Cases

    Frequently Asked Questions

     


Website design, management and hosting by LegalGraphicArts.com