SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Ann Inc. of Commencement of a Class Action Lawsuit Concerning the Fairness of the Sale of the Company to ascena retail group inc. -- ANN

NEW YORK, May 28, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Ann Inc. stock prior to May 18, 2015.

You are hereby notified that a class action has commenced in Delaware state court challenging the fairness of the sale of Ann Inc. ANN to ascena retail group inc. ASNA for $37.34 in cash and 0.68 of a share of ascena common stock per share, representing an approximate value of $47 per share. To learn more about the action and your rights, go to:

HTTP://ZLK.9NL.COM/ANN

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut 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.