Levi & Korsinsky is investigating the Board of Directors of Jos. A. Bank Clothiers, Inc. (“Jos. A. Bank”) (NasdaqGS:JOSB) in relation to the sale of the Company to The Men’s Wearhouse, Inc. (NYSE:MW).
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Under the terms of the deal, Jos. A. Bank shareholders will receive $65.00 for each share of Jos. A. Bank stock they own. The investigation concerns whether the Jos. A. Bank Board breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether The Men’s Wearhouse, Inc. is underpaying for Jos. A. Bank shares.
If you own Jos. A. Bank 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/jos-a-bank-josb.Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have 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.