Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Collective
Brands, Inc. (“Collective Brands” or the “Company”) (NYSE: PSS) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to a consortium comprised of
Wolverine World Wide Inc. (NYSE: WWW), Blum Capital Partners, and Golden
Gate Capital in an all-cash deal valued at about $2 billion. Under the
terms of the proposed transaction, Collective Brands’ stockholders will
receive $21.75 in cash for each share of Collective Brands’ common stock
Request more information now by clicking here: www.faruqilaw.com/PSS.
There is no cost or obligation to you.
Whether Collective Brands’ Board of Directors breached their fiduciary
duties to the Company’s stockholders by failing to conduct an adequate
and fair sales process prior to agreeing to this proposed transaction,
whether the proposed transaction undervalues Collective Brands’ shares
and by how much this proposed transaction undervalues the Company to the
detriment of Collective Brands’ shareholders are the key focus of this
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Collective Brands and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/PSS
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.