SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of The Warnaco Group, Inc. in Connection With the Sale of the Company to PVH Corp.

Fri Nov 16, 2012 11:55am EST

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  NEW YORK, NY, Nov 16 (Marketwire) -- 
Levi & Korsinsky notifies investors of The Warnaco Group, Inc. ("Warnaco"
or the "Company") (NYSE: WRC) of claims of breaches of fiduciary duty and
other violations of state law against the board of the Company in
connection with the sale of the Company to PVH Corp. ("PVH") (NYSE: PVH).
A complaint was filed in New York state court.

    Click here to learn more about the investigation, or call: 877-363-5972. There is no
cost or obligation to you.

    Under the terms of the transaction, Warnaco shareholders will receive
$51.75 in cash and 0.1822 of a PVH common share for each share of Warnaco
stock they own, a value of approximately $64.83 per Warnaco share. The
transaction has a total approximate value of $2.9 billion. The claims
concern whether the Warnaco Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company before
entering into this transaction and whether PVH is underpaying for Warnaco
shares, thus unlawfully harming Warnaco stockholders. 

    If you own common stock in Warnaco and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit 

    Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of shareholders
in major securities lawsuits and have successfully recovered
multimillion-dollar damages awards on behalf of investors. For more
information, please feel free to contact any of the attorneys listed
below. Attorney advertising. Prior results do not guarantee similar


Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor 
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171 

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