U.S. Markets open in 2 hrs 43 mins

Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Castle Brands Inc. (NYSE: ROX) on Behalf of Castle Brands Shareholders and Encourages Castle Brands Investors to Contact the Firm

NEW YORK, Aug. 29, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Castle Brands Inc. (ROX) on behalf of Castle Brands shareholders concerning the proposed merger with Pernod Ricard SA.

(PRNewsfoto/Bragar Eagel & Squire, P.C.)

Click here to participate in the action.

Pursuant to the proposed transaction, announced on August 28, 2019 and valued at $223 million, Castle Brands shareholders will receive $1.27 in cash for each share of Castle Brands common stock owned.  The investigation focuses on whether Castle Brands and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company's shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.

If you own Castle Brands shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra Raymond by email at investigations@bespc.com, or by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation.  For additional information concerning our investigation of Castle Brands please go to https://bespc.com/rox/.  For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes. 

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/bragar-eagel--squire-pc-is-investigating-the-board-of-directors-of-castle-brands-inc-nyse-rox-on-behalf-of-castle-brands-shareholders-and-encourages-castle-brands-investors-to-contact-the-firm-300909378.html