NEW YORK, Nov. 25, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Tiffany & Co. (“Tiffany” or the “Company”) (: TIF) stock prior to November 25, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Tiffany to LVMH Moët Hennessy Louis Vuitton SE (“LVMH”). Under the terms of the transaction, LVMH will acquire Tiffany for $135 per share in cash. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/tiffany-co
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
The Tiffany merger investigation concerns whether the Board of Tiffany breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether LVMH is underpaying for Tiffany shares, thus unlawfully harming Tiffany shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
