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Press release from PR Newswire

Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Zale Corporation

Wednesday, February 19, 2014

Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Zale Corporation

10:15 EST Wednesday, February 19, 2014

NEW YORK, Feb. 19, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Zale Corporation. ("Zale" or the "Company") (NYSE: ZLC) related to the proposed acquisition of the Company by Signet Jewelers Limited.  The transaction is valued at around $1.4 billion or $21 per share.

This investigation concerns whether the Board of Directors of Zale breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. 

If you are aware of any facts relating to this investigation, or purchased shares of Zale, you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:   Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Eitan Kimelman 212-697-6484  info@bgandg.com

SOURCE Bronstein, Gewirtz & Grossman, LLC

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