EQUITY ALERT: Rosen Law Firm Announces Investigation of Pep Boys - Manny, Moe & Jack Concerning its Proposed Sale to Bridgestone Retail Operations, LLC - PBY

NEW YORK--()--Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Pep Boys - Manny, Moe & Jack (NYSE:PBY) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Pep Boys to maximize shareholder value before agreeing to be acquired by Bridgestone Retail Operations, LLC.

If you would like to join the action, go to the firm’s website at http://rosenlegal.com/cases-767.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $15.00 in cash for each share of Pep Boys’ common stock they own. The proposed transaction is valued at approximately $835 million. The investigation relates to whether the proposal is fair to the public shareholders of Pep Boys and whether Pep Boys’ Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Pep Boys and wish to obtain additional information, please visit the firm’s website at http://rosenlegal.com/cases-767.html. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm Representing Pep Boys - Manny, Moe & Jack Shareholders Concerning its Proposed Sale to Bridgestone Retail Operations, LLC - PBY

Contacts

The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com