INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Sport Chalet Inc. & Its Board of Directors In Connection Wit...
July 02 2014 - 12:19PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Sport Chalet Inc. (“Sport Chalet” or “the Company”) (NasdaqGM:
SPCHA) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Vestis
Retail Group (“Vestis”).
Click here to learn more about the investigation:
http://zlk.9nl.com/sport-chalet-spcha, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Sport Chalet shareholders
will receive $1.20 for each Class A and Class B shares of Sport
Chalet they own. The investigation concerns whether the Board of
Sport Chalet breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Vestis is underpaying for Sport
Chalet shares.
If you own Sport Chalet 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/sport-chalet-spcha.
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.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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