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TMCNet:  JOS. A. BANK CLOTHIERS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout Proposal

[December 02, 2013]

JOS. A. BANK CLOTHIERS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout Proposal

WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Jos. A. Bank Clothiers, Inc. (NASDAQ GS: JOSB)?
  • Did you purchase any of your shares prior to November 26, 2013?
  • Do you think the proposed buyout price is too low?
  • 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 Jos. A. Bank Clothiers, Inc. ("Jos. A. Bank" or the "Company") (NASDAQ GS: JOSB) regarding possible breaches of fiduciary duties and other violations of law related to the Company's receipt of a proposal to be acquired by The Men's Wearhouse, Inc. ("Men's Wearhouse") (NYSE: MW), in a transaction valued at approximately $1.2 billion.


Click here to learn more: http://www.rigrodskylong.com/investigations/jos-a-bank-clothiers-inc-josb-proposal.

Under the terms of the proposal, public shareholders of Jos. A. Bank would receive $55.00 per share in cash for each share of Jos. A. Bank they own.

The investigation concerns the Jos. A. Bank's board of directors' process for consideration of the proposed transaction, whether the Company is acting in its shareholders' best interests and whether the proposed consideration to be paid to Jos. A. Bank's shareholders would be fair and adequate.

If you own the common stock of Jos. A. Bank and purchased your shares before November 26, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/jos-a-bank-clothiers-inc-josb-proposal.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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


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