Thread regarding Stein Mart Inc. layoffs

layoffs likely - board of directors under investigation

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Stein Mart, Inc. (NASDAQ:SMRT) in connection with the proposed acquisition of the Company by an affiliate of Kingswood Capital Management, LP. Under the terms of the acquisition agreement, shareholders will receive $0.90 in cash for each share of SMRT that they own. If you own SMRT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:

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