WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Perry Ellis International, Inc. (NASDAQ GS: PERY)?
- Did you purchase any of your shares prior to June 16, 2018?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Perry Ellis International, Inc. (“Perry Ellis” or the “Company”) (NASDAQ GS: PERY) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be taken private by George Feldenkreis, Perry Ellis’ founder and member of the Company’s Board of Directors, in a transaction valued at approximately $437 million. Under the terms of the agreement, shareholders of Perry Ellis will receive $27.50 in cash for each share of Perry Ellis common stock.
If you own common stock of Perry Ellis and purchased any shares before June 16, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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