New York 3/21/2011 1:58:38 PM
News / Law

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of SWS

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of SWS

Levi & Korsinsky is investigating the Board of Directors of SWS Group, Inc. (“SWS Group” or the “Company”) (NYSE: SWS) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from Sterne Agee. Under the terms of the transaction, Sterne Agee would acquire all shares of SWS Group at a price of $6.25 per share.

Click here to learn more about the investigation: http://www.zlk.com/sws-group-sws.html, or call: 877-363-5972.

The investigation concerns whether the SWS Group Board of Directors is adequately shopping the Company and working to obtain the best price for SWS Group shareholders. In particular, SWS Group reported a book value of $11.14 per share, for the most recent quarter, and at least one analyst set a price target of $9.00 per share.

If you own common stock in SWS Group and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/sws-group-sws.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street - 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com

Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St, 15th Floor
New York, NY 10004
212-363-7500