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Faruqi & Faruqi, LLP Announces Investigation of Timberland Co. - TBL

^{Published on 2011-06-14 13:10:56 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating and monitoring the conduct of the Board of Directors of Timberland Co. (aTimberlanda or the aCompanya) (NYSE: TBL) in relation to the sale of the Company to V.F. Corporation (NYSE: VFC), a clothing and footwear maker, whose brands include Wrangler, Nautica, and the North Face, for about $2 billion. The proposed transaction offers Timberlanda™s shareholders $43.00 per share in cash, while the Companya™s stock traded at $45.30 as recently as April 28, 2011.

Request more information now by clicking here: [ www.faruqilaw.com/TBL ]

Whether Timberlanda™s Board of Directors breached their fiduciary duties to Timberlanda™s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Timberlanda™s shares and by how much this proposed transaction undervalues the Company to the detriment of Timberlanda™s shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.

If you own common stock in Timberland and wish to obtain additional information, please visit us at [ www.faruqilaw.com/TBL ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.

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