Levi & Korsinsky is investigating the Board of Directors of The Men’s Wearhouse, Inc. (“Men’s Wearhouse” or the “Company”) (NYSE:MW) for possible breaches of fiduciary duty and other violations of state law in connection with the Company’s rejection of a merger proposal by Jos. A. Bank Clothiers Inc. (“Jos. A. Bank”) (Nasdaq:JOSB).
Click here to learn more about the investigation http://zlk.9nl.com/mens-wearhouse-mw/, or call: 877-363-5972. There is no cost or obligation to you.
On September 18, 2013, Jos. A. Bank offered to purchase Men’s Wearhouse for $48 per share. This proposal—which represented a 42% premium to Men’s Wearhouse’s previous closing price—was rejected. Then on October 31, 2013, Jos. A. Bank offered to increase its proposed offer price if it were permitted to conduct due diligence into Men’s Wearhouse’s business. This proposal was also rejected. The investigation concerns whether Men’s Wearhouse is acting in shareholder’s best interests by refusing these offers and not engaging in meaning conversation with Jos. A. Bank.
If you own Men’s Wearhouse 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/mens-wearhouse-mw/.Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm has 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.