Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of the common stock of Bare Escentuals, Inc. (“Bare” or the “Company”) (Nasdaq: BARE) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by the Company’s Board of Directors to allow the Company to be acquired by Shiseido Co., Ltd. (“Shiseido”) for approximately US$1.7 billion through an all-cash tender offer.

On Thursday, January 14, 2010, Bare and Shiseido announced that Shiseido will acquire Bare in an all cash offer. Under the terms of the agreement, Bare stockholders will receive cash of $18.20 in exchange for each share of Bare common stock in a tender offer. Following the tender offer, Shiseido will acquire the remaining shares for $18.20 per share in a second-step merger. Bare will be run as a Shiseido subsidiary under its current management, including its chief executive and chief financial officer. Bare’s CEO will exchange a portion of her holdings for a continued interest in the company after the transaction.

The current investigation concerns the price to be paid to Bare’s shareholders and the process by which Bare’s Board of Directors is addressing the transaction, including whether the Company’s Board of Directors breached its fiduciary duties to the Company’s shareholders by agreeing to sell the Company at an unfair price and whether management of Bare may be benefiting unlawfully at the expense of Bare’s public shareholders.

If you own the common stock of Bare and wish to obtain additional information about this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duty on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody has offices in New York and Los Angeles.

Attorney advertising. Prior results do not guarantee a similar outcome.

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