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Press release from PR Newswire

Law Office of Brodsky & Smith, LLC Announces Investigation of KBW, Inc. and The Warnaco Group, Inc.

Tuesday, November 13, 2012

Law Office of Brodsky & Smith, LLC Announces Investigation of KBW, Inc. and The Warnaco Group, Inc.18:05 EST Tuesday, November 13, 2012BALA CYNWYD, Pa., Nov. 13, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of KBW, Inc. ("KBW" or the "Company") (NYSE: KBW) relating to the proposed acquisition by Stifel Financial Corp. ("Stifel"). Under the terms of the transaction, KBW shareholders will receive only $10.00 in cash and $7.50 per share in Stifel common stock for each share of KBW stock they own. The transaction may undervalue the Company and result in a substantial loss for many KBW shareholders. For example KBW stock traded at $29.02 on February 16, 2011 and $19.17 as recently as March 26, 2012. In addition, an analyst has set a price target for KBW stock at $22.00 per share. If you own shares of KBW stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/498-kbw-kbw-inc.html, by calling toll free 877-LEGAL-90.Investigation of The Warnaco Group, Inc.Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of The Warnaco Group, Inc. ("Warnaco" or the "Company") (NYSE: WRC) relating to the proposed acquisition by PVH Corp. ("PVH"). Under the terms of the transaction, Warnaco shareholders will receive only $51.75 in cash and 0.1822 shares of PVH common stock for each share on Warnaco common stock they own. The transaction values Warnaco at approximately $68.43 per share. The investigation seeks to determine if the price being paid is fair and if conflicts of interests played a role in the transaction. For example, Warnaco stock has traded as high as $71.32 as recently as November 1, 2012 and Warnaco CEO is expected to join PVH's Board of Directors.  If you own shares of Warnaco stock you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/495-wrc-the-warnaco-group-inc.html, by calling toll free 877-LEGAL-90.Attorney Advertising. Past results do not guarantee a similar outcome.SOURCE Brodsky & Smith, LLC