INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of SWS Group, Inc. & Its Board of Directors In Connection With t...
January 13 2014 - 12:08PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
SWS Group, Inc. (“SWS Group” or “the Company”) (NYSE:SWS) for
possible breaches of fiduciary duty and other violations of state
law in connection with the receipt of a going private proposal from
Hilltop Holdings Inc. Hilltop Holdings Inc. has an approximate 24%
stake in the Company.
Click here to learn more about the action
http://zlk.9nl.com/sws-group-sws, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the proposed transaction, Hilltop Holdings
Inc. would pay $7 for each share of SWS Group it does not currently
own. The investigation concerns whether SWS Group is engaging and
in a fair and adequate process sales process, and whether Hilltop
Holdings Inc. is taking advantage of its position as a large-stake
shareholder to purchase SWS Group at an unfair price. In
particular, SWS Group has a reported book value of $9.64 per share,
for the most recent quarter.
If you own SWS common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/sws-group-sws.
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.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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