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Press release from PR Newswire

Harwood Feffer LLP Announces Investigation of Zale Corp.

Thursday, February 20, 2014

Harwood Feffer LLP Announces Investigation of Zale Corp.

20:30 EST Thursday, February 20, 2014

NEW YORK, Feb. 20, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Zale Corp. ("Zale" or the "Company") (NYSE: ZLC) concerning the proposed acquisition of the Company by Signet Jewelers Ltd ("Signet").   

On February 19, 2014, Zale announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by Signet.  Under the terms of the agreement, Zale shareholders will receive $21 cash per share.    

Our investigation concerns whether the Zale board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders. 

If you own Zale shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.Robert I. Harwood, Esq. Craig LowtherHarwood Feffer LLP488 Madison AvenueNew York, New York 10022Phone Numbers: (877) 935-7400(212) 935-7400Email: bsachsmichaels@hfesq.com Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Photo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO

SOURCE Harwood Feffer LLP

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