TOPEKA, Kan (WIBW)--Topeka based Collective Brands is not in the clear after being bought out last week.
The company is being sued by an investor looking to block the sale.
According to the Kansas City Star, investor Gregory Dusablon believes the company accepted too low of a bid -- an offer that does not allow shareholders to participate in the company's long term prospects.
Dusablon asked a Delaware judge to pause the transaction and award damages.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.