Securities Lawyers at Goldfarb LLP Seeking More Money, Information for Stockholders of Kenneth Cole Productions, Inc.
14 Juin 2012 - 8:15PM
PR Newswire (US)
DALLAS, June 14, 2012 /PRNewswire/ -- Securities lawyers
at Goldfarb LLP announce an investigation into alleged violations
of shareholder protection laws by officers and directors of Kenneth
Cole Productions, Inc. (NYSE: KCP) in connection with a buyout for
$15.25 per share to an entity formed
by Chairman and CCO, Kenneth Cole.
Concerned KCP investors are encouraged to contact attorney Hamilton
Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their
rights and remedies.
"The deal represents a 15% premium to the pre-offer closing
price of $13.07 and analysts have a
high target price of $17 per share,"
said Hamilton Lindley. "Mr. Cole holds about 47% of the company's
shares, and about 89% of its voting power. We will ascertain
whether the company has been adequately and fairly shopped and that
shareholder interests are protected in terms of price and
information."
Goldfarb LLP lawyers have significant experience representing
shareholders and whistleblowers in securities lawsuits nationwide.
KCP stockholders – or anyone with knowledge about this acquisition
– should contact lawyer Hamilton Lindley at
hlindley@goldfarbllp.com or 877-583-2855 with questions or
concerns.
Hamilton Lindley
Goldfarb LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
www.goldfarbllp.com
SOURCE Goldfarb LLP
Copyright 2012 PR Newswire
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