Wolf Haldenstein Announces Investigation of Metals USA Holdings Corp

  Wolf Haldenstein Announces Investigation of Metals USA Holdings Corp

Business Wire

NEW YORK -- February 7, 2013

Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz
LLP is investigating possible breaches of fiduciary duty by the Board of
Directors of Metals USA Holdings Corp (“Metals USA” or the “Company”) [NYSE:
MUSA] arising out of the proposed acquisition of Metals USA by Reliance Steel
& Aluminum Co (“Reliance”).

On Wednesday, February 6, 2013, Metals USA and Reliance announced that
Reliance will acquire Metals USA pursuant to an Agreement and Plan of Merger
under which Metals USA stockholders will receive cash of $20.65 in exchange
for each share of Metals USA common stock. However, the Company may not have
adequately shopped itself before entering into this transaction and, pursuant
to this proposed transaction, Reliance may be underpaying for Metals USA, thus
unlawfully harming Metals USA shareholders.

Wolf Haldenstein has been representing individual and institutional investors
for many years, serving as lead counsel in numerous cases in U.S. federal and
state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com)
for more information about the firm.

If you own Metals USA common stock and you wish to discuss this matter with
us, or have any questions concerning your rights and interests with regard to
this matter, please contact:

Gregory Nespole or Derek Behnke
Wolf Haldenstein Adler Freeman
& Herz LLP
270 Madison Avenue
New York, New York 10016
Phone Numbers: (800) 575-0735
(212) 545-4600

Email: nespole@whafh.com
Classmember@whafh.com

Website: http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Nespole or Derek Behnke
800-575-0735
212-545-4600
nespole@whafh.com
Classmember@whafh.com
http://www.whafh.com
 
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