NEW YORK, May 22, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Ann Inc. (NYSE : ANN ) ("Ann" or "the Company") in connection with the sale of the Company to ascena retail group inc. (NASDAQ : ASNA ).
Click here to learn about the case: http://docs.wongesq.com/ANN-Info-Request-Form-724. There is no cost or obligation to you.
Under the terms of the transaction, Ann shareholders will receive $37.34 in cash and 0.68 of a share of ascena common stock for each share of Ann stock they own, representing a value of approximately $47 per share. The investigation concerns whether the Board of Ann breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether ascena retail group inc. is underpaying for Ann shares.
If you own common stock in Ann and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/ANN-Info-Request-Form-724.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
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New York, NY 10002
SOURCE The Law Offices of Vincent Wong