Lawsuit Overview
Nov. 26, 2012 (Shareholders Foundation) -- An investor in shares of Warnaco Group Inc (NYSE:WRC) filed a lawsuit against Warnaco Group directors to stop the proposed takeover of Warnaco Group Inc by PVH Corp. at a value of approximately $64.83 per NYSE:WRC share. The plaintiff claims that the defendants breached their fiduciary duties owed to NYSE:WRC stockholders by agreeing to sell...
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