Guess(US:GES) Newsfile·2025-11-10 11:08Core Viewpoint - An investigation has been initiated into Guess?, Inc. regarding potential breaches of fiduciary duties by its board of directors and executive officers in connection with the company's pending sale to Authentic Brands Group LLC for $16.75 per share [2][6]. Company Overview - Guess is a fashion retailer with a global presence, operating over 1,500 retail stores and distribution operations in approximately 100 countries. The company was founded in 1981 by the Marciano family, who retain significant ownership [4]. Merger Details - The merger involves Paul Marciano and other investors negotiating to rollover their ownership in Guess, allowing them to own up to 49% of the new intellectual property holding company and 100% of the operating company post-closing [5]. Legal Investigation - Bleichmar Fonti & Auld LLP is investigating whether the board of directors, executive officers, and stockholders involved in the rollover have breached their fiduciary duties to shareholders in relation to the merger [6].