STOCKHOLDER INVESTIGATION: Kaskela Law LLC Announces Investigation into the Proposed Sale of Perry Ellis International - PERY
RADNOR, PA / ACCESSWIRE / July 10, 2018 / Kaskela Law LLC is investigating Perry Ellis International (PERY) ("Perry Ellis" or the "Company") on behalf of the Company's public stockholders.
On June 16, 2018, Perry Ellis announced that it entered into an agreement with an entity controlled by George Feldenkreis ("Feldenkreis"), Perry Ellis' founder and a member of the Company's Board of Directors. Pursuant to that agreement, the Company's public stockholders are only expected to receive $27.50 per share in cash in exchange for their Perry Ellis shares - which is lower than the current trading price of the Company's stock.
Kaskela Law LLC's investigation seeks to determine whether Perry Ellis' public stockholders (i) are expected to receive adequate cash consideration for their shares and (ii) have been provided with all material information in connection with the proposed transaction with Feldenkreis.
Perry Ellis stockholders who wish to discuss this investigation and their legal rights and options are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (888) 715 - 1740 or (484) 258 - 1585, or via email at skaskela@kaskelalaw.com. Additional information about this investigation may also be found at http://kaskelalaw.com/perry-ellis.
Kaskela Law LLC prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
KASKELA LAW LLC
David Seamus Kaskela, Esq.
201 King of Prussia Road
Suite 650
Radnor, PA 19087
(888) 715 - 1740
(484) 258 - 1585
skaskela@kaskelalaw.com
www.kaskelalaw.com
SOURCE: Kaskela Law LLC
