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Case Status:    ONGOING    
On or around 09/25/2018 (Ongoing date of last review)

Filing Date: September 24, 2018

According to the Complaint, Perry Ellis International, Inc. ("Perry Ellis" or the "Company") is a leading designer, distributor, and licensor of a broad line of men’s and women’s apparel, accessories, and fragrances.

This action stems from a proposed transaction announced on June 16, 2018 (the “Proposed Transaction”), pursuant to which Perry Ellis will be taken private by Perry Ellis’s founder and member of the Company’s Board of Directors. Pursuant to the terms of the Merger Agreement, Feldenkreis Holdings will acquire all of the outstanding common shares of Perry Ellis not already beneficially owned by the Feldenkreis family for $27.50 per share in cash.

On September 10, 2018, Defendants filed a proxy statement with the United States Securities and Exchange Commission (the “SEC”) in connection with the Proposed Transaction (the “Proxy Statement”). The Complaint alleges that the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for October 18, 2018, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

COMPANY INFORMATION:

Sector: Consumer Cyclical
Industry: Apparel/Accessories
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: PERY
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. Florida
DOCKET #: 18-CV-23942
JUDGE: Hon. Cecilia M. Altonaga
DATE FILED: 09/24/2018
CLASS PERIOD START: 06/16/2018
CLASS PERIOD END: 09/24/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cullin O'Brien Law, P.A.
    6541 NE 21st Way , Cullin O'Brien Law, P.A. , FL 33308
    561-676-6370 561-320-0285 ·
  2. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
  3. RM Law, P.C.
    1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312
    (484) 324-6800 ·
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