Levi & Korsinsky is investigating the Board of Directors of J. Crew Group, Inc. (?J. Crew? or the ?Company?) (NYSE: JCG) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to TPG Capital and Leonard Green & Partners, L.P. Under the terms of the transaction, J. Crew shareholders will receive $43.50 in cash for each share they own for a total transaction value of approximately $3 billion.

Click here to learn how to join the action: http://www.zlk.com/jcrew-jcg.html, or call: 877-363-5972.

The investigation concerns whether the J. Crew Board of Directors breached their fiduciary duties to J. Crew stockholders by failing to adequately shop the Company before entering into this transaction and whether the buyers are underpaying for J. Crew shares, thus unlawfully harming J. Crew stockholders. In particular, J. Crew stock has traded as high as $47 per share as recently as May 28, 2010 and at least one analyst has set a price target for J. Crew stock at $50 per share.

If you own common stock in J. Crew and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/jcrew-jcg.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com