Company: Perry Ellis International
Kaskela Law LLC is investigating Perry Ellis International (NASDAQ: PERY) (“Perry Ellis” or the “Company”) on behalf of the Company’s public stockholders.
On June 16, 2018, Perry Ellis announced that it entered into an agreement with an entity controlled by George Feldenkreis (“Feldenkreis”), Perry Ellis’ founder and a member of the Company’s Board of Directors. Pursuant to that agreement, the Company’s public stockholders are only expected to receive $27.50 per share in cash in exchange for their Perry Ellis shares – which is lower than the current trading price of the Company’s stock.
Kaskela Law LLC’s investigation seeks to determine whether Perry Ellis’ public stockholders (i) are expected to receive adequate cash consideration for their shares and (ii) have been provided with all material information in connection with the proposed transaction with Feldenkreis.
Perry Ellis stockholders are encouraged to contact Kaskela Law, LLC at (484) 258-1585 or (888) 715-1740 to discuss this investigation and their legal rights and options and/or complete the stockholder information form on this page.