Ryan & Maniskas, LLP (
) is investigating potential claims against the board of directors of Kenneth Cole Productions, Inc. (“Kenneth Cole Productions” or the "Company") (NYSE: KCP) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Kenneth Cole to Chairman and Chief Creative Officer Kenneth D. Cole in a transaction valued at approximately $280 million.
Our investigation concerns whether Kenneth Cole Productions Board undertook a fair process to obtain fair consideration for all shareholders of Kenneth Cole Productions; in particular, whether the Company's Board breached their fiduciary duties to Kenneth Cole Productions shareholders by failing to adequately shop the Company. 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
Pursuant to the proposal, Kenneth Cole Productions shareholders will receive $15.00 for each share of the company they own.
If you own shares of Kenneth Cole Productions 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:
. You may also email Mr. Maniskas at
. For more information about class action cases in general, please visit our website:
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.