Fifteen Dollar per Share Buyout Offer for Pep Boys Triggers Shareholder-Claim Investigation by Goldfarb LLP Securities Attorneys

Published on Friday, 03 February 2012 13:32 Written by TradersHuddle Staff

DALLAS, Feb. 3, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP are investigating whether certain officers and directors of Pep Boys, Inc. (NYSE: PBY) violated shareholder protection laws by agreeing to a buyout offer for $15.00 per share to The Gores Group. Concerned Pep Boys investors are encouraged to contact securities class action attorney Hamilton Lindley at 877-583-2855 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it. about their rights and remedies for this potentially low buyout. 

"Even before the buyout, analysts' price targets ranged between $15 to $17 per share," said Hamilton Lindley. "This buyout appears to be unfairly low and does not disclose adequate information for stockholders to make an informed decision. Our proposed shareholder lawsuit seeks to obtain a higher value for shareholders than the current buyout offer." 

Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Pep Boys stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. or 877-583-2855 with questions or concerns. 

Hamilton Lindley

Goldfarb LLP

2501 N. Harwood, Ste. 1801

Dallas, TX 75201

(877) 583-2855 Toll Free Telephone

(214) 583-2233 Local Phone Number

(214) 583-2234 Fax Number

www.goldfarbllp.com

SOURCE Goldfarb LLP