INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of SWS GROUP, INC. Buyout Prop...
January 14 2014 - 12:46PM
Business Wire
The Law Office of Jack Stuart Beige & Associates, P.C.
announces that it is investigating the Board of Directors of SWS
Group, Inc. (“SWS”) (NYSE: SWS) for possible breaches of fiduciary
duties and other violations of law in connection with SWS’s receipt
of a proposal to be acquired by Hilltop Holdings Inc. (“Hilltop”)
(NYSE: HTH).
Under the terms of the proposal, public stockholders of SWS
would receive $7.00 per share in 50 percent cash and 50 percent
Hilltop stock for each share of SWS they own in a transaction
valued at approximately $231 million.
The investigation concerns whether SWS’s Board of Directors
breached its fiduciary duties to stockholders, whether the proposed
consideration to be paid to SWS’s stockholders would be fair and
adequate, and whether SWS is acting in its stockholders’ best
interests.
If you own SWS common stock, purchased your shares prior to
January 10, 2014, and wish to obtain additional information, please
contact Joseph R. Beige, Esquire either via email at
joe@beigelaw.com or by telephone at (631) 231-7725.
Joseph R. Beige, Esquire is an experienced attorney who
prosecutes securities class actions, derivative actions,
shareholder rights actions, and corporate governance actions on
behalf of stockholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Law Office of Jack Stuart Beige & Associates, P.C.Joseph R.
Beige631-231-7725Fax: 631-231-7726joe@beigelaw.com
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