The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Dreams...

Levi & Korsinsky is investigating the Board of Directors of Dreams, Inc. (“Dreams” or the “Company”) (NYSE Amex: DRJ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fanatics, Inc. Under the terms of the transaction, Dreams shareholders will receive $3.45 for each Dreams share they own. The transaction has a total approximate value of $183 million, including the assumption of debt. Shareholders owning approximately 35% of Dreams’ outstanding shares have agreed to tender their shares.

Click here to learn how to join the action: http://www.zlk.com/dreams-drj, or call: 877-363-5972. There is no cost or obligation to you.

The investigation concerns whether the Dreams Board of Directors breached their fiduciary duties to Dreams stockholders by failing to adequately shop the Company before entering into this transaction and whether Fanatics, Inc. is underpaying for Dreams shares, thus unlawfully harming Dreams stockholders. In particular, at least one analyst set a price target for Dreams stock at $5.00 per share.

If you own common stock in Dreams and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or http://www.zlk.com.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. 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 securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.