Harwood Feffer LLP Announces Investigation of K-Swiss, Inc.
NEW YORK, Jan. 18, 2013 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of K-Swiss, Inc. ("K-Swiss" or the "Company") (NASDAQ:
KSWS) concerning the proposed acquisition of the Company by E. Land
World Ltd. ("E. Land") in a transaction valued at approximately
$170 million.
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On January 17, 2013, K-Swiss
announced that it had entered into a definitive agreement pursuant
to which the Company will be acquired by E. Land. Under the
terms of the agreement, K-Swiss shareholders will receive
$4.75 for each share owned.
Our investigation concerns whether the K-Swiss board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
shareholders.
If you own K-Swiss shares and wish to discuss this matter with
us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising © 2012 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP