INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of SWS Group, Inc. and Its Board of Directors In Connection With the Proposed Sale of the Company to Hilltop Holdings Inc. -- SWS
NEW YORK, Jan. 14, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of SWS Group, Inc. ("SWS Group" or "the Company") (NYSE: SWS) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a going private proposal from Hilltop Holdings Inc. Hilltop Holdings Inc. has an approximate 24% stake in the Company.
Click here to learn more about the action http://zlk.9nl.com/sws-group-sws, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Hilltop Holdings Inc. would pay $7 for each share of SWS Group it does not currently own. The investigation concerns whether SWS Group is engaging and in a fair and adequate process sales process, and whether Hilltop Holdings Inc. is taking advantage of its position as a large-stake shareholder to purchase SWS Group at an unfair price. In particular, SWS Group has a reported book value of $9.64 per share, for the most recent quarter.
If you own SWS common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/sws-group-sws.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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