StockNews.AI
GES
StockNews.AI
3 days

GES Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Guess? to Authentic Brands Group

1. Wohl & Fruchter LLP is probing GES's proposed sale at $16.75 per share. 2. The sale price is 23% below GES's 52-week high of $21.81. 3. Certain insiders can roll over shares, excluding public stockholders. 4. Concerns arise over potential conflicts among GES's Board members. 5. Investigation focuses on fairness of the sale to GES shareholders.

5m saved
Insight
Article

FAQ

Why Bearish?

The proposed sale price significantly undervalues GES based on historical highs, indicating shareholder exploitation. Similar past cases typically led to stock price declines.

How important is it?

The investigation and below-market sale price significantly affect shareholder sentiment and trust in management's decisions.

Why Short Term?

The immediate concerns over sale fairness may result in negative sentiment affecting stock price temporarily. Legal investigations further increase uncertainty, leading to heightened market reactions.

Related Companies

ABG
MONSEY, N.Y., Aug. 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Guess?, Inc. (NYSE: GES) (“Guess?”) for $16.75 per share in cash to Authentic Brands Group (“ABG”). The sale price is well below Guess?’s 52-week high of $21.81 per share, which suggests an opportunistic purchase. Additionally, certain existing shareholders of Guess?, including Co-Founders Maurice, Paul and Nicolai Marciano; CEO Carlos Alberini; and certain of their respective trusts, foundations, and affiliates, will be rolling over their shares into equity interests in the post-close entity. The opportunity to roll over shares into the post-close entity is not being made available to Guess?’s public stockholders. The sale was approved upon the recommendation of a purportedly independent special committee (“Special Committee”) of the board of directors (“Board”) of Guess?, which indicates that there were potential conflicts of interest affecting certain members of the Board. If you remain a Guess shareholder and have concerns about the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/guess/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com. Why is there an investigation? On August 20, 2025, Guess announced that it had agreed to be sold for $16.75 per share in cash to ABG. The sale price is well below Guess?’s 52-week high of $21.81 per share, which suggests an opportunistic purchase. Additionally, certain existing shareholders of Guess?, including Co-Founders Maurice, Paul and Nicolai Marciano; CEO Carlos Alberini; and certain of their respective trusts, foundations, and affiliates, will be rolling over their shares into equity interests in the post-close entity. The opportunity to roll over shares into the post-close entity is not being made available to Guess?’s public stockholders. The sale was approved upon the recommendation of a Special Committee of the Board, which indicates that there were potential conflicts of interest affecting certain members of the Board. “We are investigating whether the Guess Special Committee acted in the best interests of Guess shareholders in recommending the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the members of the Guess Special Committee were truly independent, whether the sale price is fair to Guess shareholders, and whether all material information regarding the transaction has been fully disclosed.” About Wohl & Fruchter Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners. Contact:Wohl & Fruchter LLPJoshua E. Fruchter Toll Free 866.833.6245alerts@wohlfruchter.com www.wohlfruchter.com

Related News