WASHINGTON–(BUSINESS WIRE)– Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Bare Escentuals, Inc. ("Bare Escentuals" or the "Company") (NASDAQ:BARE) arising from the recently-announced acquisition of Bare Escentuals by Shiseido Co., Ltd., a Japanese global cosmetics company. Under the terms of the proposed transaction, Bare Escentuals shareholders will receive $18.20 in cash for each share owned in a transaction with a total value of $1.7 billion.
The investigation is focused on the potential unfairness of the price to Bare Escentuals shareholders and the process by which the Company’s Board of Directors considered and approved the transaction. In particular, the investigation is focused on determining whether the Board satisfied its duty to maximize shareholder value, and whether Company insiders are receiving benefits from the transaction that would create a conflict of interests.
If you are interested in discussing your rights as a Bare Escentuals shareholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, D.C. offices at (877) 337-1050 or by email at firstname.lastname@example.org.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Finkelstein Thompson LLP Donald Enright, 202-337-8000
Source: Finkelstein Thompson LLP
<<Business Wire — 01/18/2010>>
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