Law Office of Brodsky & Smith, LLC Announces Investigation of Metals USA Holdings Corporation

  Law Office of Brodsky & Smith, LLC Announces Investigation of Metals USA
  Holdings Corporation

Business Wire

BALA CYNWYD, Pa. -- February 16, 2013

Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Metals USA Holdings Corp.
(“Metals USA” or the “Company”) (NYSE: MUSA) relating to the proposed
acquisition by Reliance Steel & Aluminum Co. (“Reliance”).

Under the terms of the transaction, Metals USA shareholders will receive only
$20.65 in cash for each share of Metals USA stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of state law
by the Board of Directors of Metals USA for not acting in the Company’s
shareholders' best interests in connection with the sale process to Reliance.
The focus of the investigation is whether Metals USA’s Board of Directors
breached their fiduciary duties by failing to conduct an adequate and fair
sales process prior to agreeing to this proposed transaction. The transaction
may undervalue Metals USA as an analyst has set a price target of $21.00 per
share for Metals USA stock.

If you own shares of Metals USA stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may contact
Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC,
Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/539-musa-metals-usa-holding-corp.html, by calling
toll free 877-LEGAL-90.

Contact:

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/539-musa-metals-usa-holding-corp.html
 
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