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Lawsuit Overview
May 20, 2013 (Shareholders Foundation) - An investor, who currently holds NASDAQ:TRLG shares, filed a lawsuit in effort to stop the proposed takeover of True Religion Apparel, Inc. by TowerBrook Capital Partners L.P. at $32.00 per NASDAQ:TRLG share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:TRLG stockholders by agreeing to sell the compa...
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