WAYNE, Pa., July 25, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mfb) is investigating potential claims against the board of directors of Maidenform Brands, Inc. ("Maidenform" or the "Company") (NYSE: MFB) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to HanesBrands, Inc. in a transaction valued at $575 million in cash.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Maidenform for not acting in the Company's shareholders' best interests in connection with the sale process. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at firstname.lastname@example.org or visit: www.rmclasslaw.com/cases/mfb.
Under the terms of the agreement, Maidenform shareholders will be entitled to receive $23.50 per share in cash for each share of Maidenform common stock.
If you own shares of Maidenform and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/mfb. You may also email Mr. Maniskas at email@example.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
SOURCE Ryan & Maniskas, LLP