News Column

Barnes & Noble Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Proposed Sale to G Asset Management

February 24, 2014



DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Barnes & Noble, Inc. (“Barnes & Noble”) (NYSE: BKS) related to the proposed sale to G Asset Management in an acquisition valued at approximately $1.3 billion. Under the terms of the proposed buyout, Barnes & Noble shareholders will receive just $22 in cash for each share of Barnes & Noble owned, which is below the 52-week high of $23.71 and well below at least one analyst’s estimated value of $30.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at shareholder@powerstaylor.com. There is no cost or fee to you.

The Barnes & Noble investigation centers on whether Barnes & Noble’s Board of Directors is acting in the shareholders’ best interests, whether the board is properly considering the proposed price for the shareholders, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance estimates that Barnes & Noble shares could be worth as high as $30.00 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.




The Briscoe Law Firm, PLLC

Willie Briscoe, 214-239-4568

WBriscoe@TheBriscoeLawFirm.com

or

Powers Taylor LLP

Patrick Powers, 877-728-9607

shareholder@powerstaylor.com

Source: Powers Taylor LLP


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Source: Business Wire


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