GES LEGAL UPDATE: The Guess?, Inc. Board of Directors may have Breached its Fiduciary Duties – Contact BFA Law about its Investigation

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Guess?, Inc.'s board of directors and executive officers for potential breaches of fiduciary duties related to the company's pending sale to Authentic Brands Group LLC at a price of $16.75 per share [1]. Company Overview - Guess is a global fashion retailer with over 1,500 directly operated retail stores and distribution operations in approximately 100 countries, founded in 1981 by the Marciano family [3]. - Paul Marciano, one of the founders, remains on the board and serves as the Chief Creative Officer [3]. Transaction Details - The Marciano family, including Paul Marciano and Maurice Marciano, have negotiated to rollover their ownership to hold up to 49% of the new intellectual property holding company and 100% of the operating company post-closing [4]. Legal Investigation - The investigation by BFA Law focuses on whether the board, executive officers, or stockholders involved in the rollover have breached their fiduciary duties to shareholders in connection with the merger [5].