SWS GROUP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout Proposal
January 13 2014 - 11:26AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of SWS Group, Inc.
(NYSE: SWS)?
- Did you purchase any of your shares
prior to January 10, 2014?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of SWS Group,
Inc. (“SWS” or the “Company”) (NYSE: SWS) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s receipt of a proposal to be acquired by Hilltop
Holdings Inc. (“Hilltop”) (NYSE: HTH), in a transaction valued at
approximately $231 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/sws-group-inc-sws-proposal.
Under the terms of the proposal, public shareholders of SWS
would receive $7.00 per share in 50% cash and 50% Hilltop stock for
each share of SWS they own.
The investigation concerns the SWS’s board of directors’ process
for consideration of the proposed transaction, whether the Company
is acting in its shareholders’ best interests and whether the
proposed consideration to be paid to SWS’s shareholders would be
fair and adequate.
If you own the common stock of SWS and purchased your shares
before January 10, 2014, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A.,
825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/sws-group-inc-sws-proposal.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(516) 683-3516Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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