, Jan. 25, 2013 /PRNewswire/ -- Morgan & Morgan is investigating potential claims against the board of directors of K-Swiss, Inc. ("K-Swiss")(Nasdaq: KSWS) concerning the proposed sale of K-Swiss to E.Land World Ltd., a South Korean fashion and retail company.
If you are a current shareholder of K-Swiss and are interested in learning more about our
K-Swiss merger investigation
, please contact
George Pressly, Esq.
at 1 (800) 631-6234 or email George at
Under the terms of the proposed deal valued at approximately
, K-Swiss shareholders will only receive
in cash for each share of K-Swiss stock owned, which is below at least one analyst's estimate of
per share. The merger is expected to close in the second quarter of 2013.
Our investigation concerns whether K-Swiss Board of Directors has breached its fiduciary duties to act in the best interests of K-Swiss shareholders and to take all necessary steps to ensure that K-Swiss shareholders receive the maximum value readily available for their shares of K-Swiss common stock.
About Morgan & MorganMorgan & Morgan is one of the nation's largest 200 law firms. In addition to
, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Contact:Morgan & Morgan
Peter Safirstein, Esq.
28 West 44
, NY 100361-800-631-6234
SOURCE Morgan & Morgan