|[January 14, 2014]
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of SWS Group, Inc. and Its Board of Directors In Connection With the Proposed Sale of the Company to Hilltop Holdings Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of SWS Group,
Inc. ("SWS Group" or "the Company") (NYSE: SWS) for possible breaches of
fiduciary duty and other violations of state law in connection with the
receipt of a going private proposal from Hilltop Holdings Inc. Hilltop
Holdings Inc. has an approximate 24% stake in the Company.
Click here to learn more about the action http://zlk.9nl.com/sws-group-sws,
or call: 877-363-5972. There is no cost or obligation to you.
Under the erms of the proposed transaction, Hilltop Holdings Inc. would
pay $7 for each share of SWS Group it does not currently own. The
investigation concerns whether SWS Group is engaging and in a fair and
adequate process sales process, and whether Hilltop Holdings Inc. is
taking advantage of its position as a large-stake shareholder to
purchase SWS Group at an unfair price. In particular, SWS Group has a
reported book value of $9.64 per share, for the most recent quarter.
If you own SWS common stock and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/sws-group-sws.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
[ Back To TMCnet.com's Homepage ]