NEW YORK, May 22, 2015 /PRNewswire/ -- The Law Offices of
Vincent Wong are investigating
potential claims against the Board of Directors of Ann
Inc. (NYSE: ANN) ("Ann" or "the Company") in connection with
the sale of the Company to ascena retail group inc. (NASDAQ:
ASNA).
Click here to learn about the case:
http://docs.wongesq.com/ANN-Info-Request-Form-724. There is
no cost or obligation to you.
Under the terms of the transaction, Ann shareholders will
receive $37.34 in cash and 0.68 of a
share of ascena common stock for each share of Ann stock they own,
representing a value of approximately $47 per share. The investigation concerns whether
the Board of Ann breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether ascena retail group inc. is
underpaying for Ann shares.
If you own common stock in Ann and wish to obtain additional
information, please contact Vincent Wong,
Esq. either via email vw@wongesq.com, by telephone at
212.425.1140, or visit
http://docs.wongesq.com/ANN-Info-Request-Form-724.
Vincent Wong, Esq. is an
experienced attorney that has represented investors in securities
litigations involving financial fraud and violations of shareholder
rights. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent
Wong