|[December 20, 2013]
JONES GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of The Jones Group Inc. (JNY) Over the Proposed Sale of the Company to Sycamore Partners in a Cash Deal
NEW YORK --(Business Wire)--
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of The Jones
Group Inc. ("The Jones Group" or the "Company") (NYSE: JNY) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to Sycamore Partners in a cash deal
valued at approximately $2.2 billion. Under the terms of the proposed
transaction, The Jones Group's stockholders will receive $18.00 for each
share of The Jones Group's common stock they own.
Request more information now by clicking here: www.faruqilaw.com/JNY.
There is no cost or obligation t you.
The investigation focuses on whether The Jones Group's Board of
Directors breached their fiduciary duties to the Company's stockholders
by failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of The
Jones Group's shareholders.
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients. To
keep track of the latest securities litigation news, follow us on
Twitter (News - Alert) at www.twitter.com/MergerActivity
or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.
If you own common stock in The Jones Group and wish to obtain additional
information and protect your investments free of charge, please visit us
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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