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K Swiss Inc (NASDAQ:KSWS) Investor Files Lawsuit Against Proposed Takeover

  • If you purchased shares of K Swiss Inc (NASDAQ:KSWS) prior to January 16, 2013, and currently hold any of those NASDAQ:KSWS shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

Jan. 28, 2013 (Shareholders Foundation) -- An investor in shares of K Swiss Inc (NASDAQ:KSWS) filed a lawsuit in effort to stop the proposed buyout of K Swiss Inc by E.Land World Ltd. to acquire K Swiss Inc at $4.75 per NASDAQ:KSWS share. The plaintiff alleges that the defendants breaches their fiduciary duties owed NASDAQ:KSWS stockholder by agreeing to sell the company too cheaply....

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