Law Office of Brodsky & Smith, LLC Announces Investigation of KBW, Inc. and The Warnaco Group, Inc.

BALA CYNWYD, Pa., Nov. 13, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of KBW, Inc. ("KBW" or the "Company") KBW relating to the proposed acquisition by Stifel Financial Corp. ("Stifel").

Under the terms of the transaction, KBW shareholders will receive only $10.00 in cash and $7.50 per share in Stifel common stock for each share of KBW stock they own. The transaction may undervalue the Company and result in a substantial loss for many KBW shareholders. For example KBW stock traded at $29.02 on February 16, 2011 and $19.17 as recently as March 26, 2012. In addition, an analyst has set a price target for KBW stock at $22.00 per share.

If you own shares of KBW stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/498-kbw-kbw-inc.html, by calling toll free 877-LEGAL-90.

Investigation of The Warnaco Group, Inc.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of The Warnaco Group, Inc. ("Warnaco" or the "Company") WRC relating to the proposed acquisition by PVH Corp. ("PVH"). Under the terms of the transaction, Warnaco shareholders will receive only $51.75 in cash and 0.1822 shares of PVH common stock for each share on Warnaco common stock they own. The transaction values Warnaco at approximately $68.43 per share. The investigation seeks to determine if the price being paid is fair and if conflicts of interests played a role in the transaction. For example, Warnaco stock has traded as high as $71.32 as recently as November 1, 2012 and Warnaco CEO is expected to join PVH's Board of Directors. 

If you own shares of Warnaco stock you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/495-wrc-the-warnaco-group-inc.html, by calling toll free 877-LEGAL-90.

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SOURCE Brodsky & Smith, LLC