Zale Corporation (ZLC)

(NYSE: ZLC)

SUMMARY

 
 

ZALE INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Zale Corporation Over the Proposed Sale of the Company to Signet Jewelers

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Zale Corporation (“Zale” or the “Company”) (NYSE: ZLC) for potential breaches of fiduciary duties in connection with the sale of the Company to Signet for approximately $690 million.  The Company’s stockholders will receive $21 per share for each share of Zale common stock they own.

The investigation focuses on whether Zale’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Zale’s shareholders.

If you own common stock in Zale and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

 
 

Request Information

 
  Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.
Company:Zale Corporation (ZLC)
 
 
*Security code:
 
   
 
 

Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
369 Lexington Avenue 10th Floor
New York, NY 10017
Tel: (212) 983-9330
Email:  jmonteverde@faruqilaw.com

Send Information

If you have information regarding this case that you would
like to make available, please click here to contact us
about our investigation

Case Details