NEW YORK -- (Business Wire)
Levi & Korsinsky is investigating the Board of Directors of True
Religion Apparel, Inc. (“True Religion” or the “Company”) (NasdaqGS:
TRLG) for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to TowerBrook
Capital Partners LP.
Click here to learn more about the investigation http://zlk.9nl.com/true-religion-apparel-trlg/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, True Religion shareholders will
receive $32 for each share of True Religion stock they own. The
investigation concerns whether the True Religion Board of Directors
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the transaction, whether
TowerBrook Capital Partners LP is underpaying for True Religion stock,
thus unlawfully harming True Religion shareholders. In particular, at
least one analyst set a price target for True Religion stock at $38.00
If you own common stock in True Religion and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/true-religion-apparel-trlg/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Toll Free: (877) 363-5972
Fax: (212) 363-7171
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
363-7500, toll-free: (877) 363-5972
Source: Levi & Korsinsky, LLP
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