Ryan & Maniskas, LLP Announces Investigation of Parametric Sound Corp.
WAYNE, Pa., Aug. 7, 2013
WAYNE, Pa., Aug. 7, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP
(www.rmclasslaw.com/cases/pamt) is investigating potential claims against the
board of directors of Parametric Sound Corp. ("Parametric Sound" or the
"Company") (NASDAQ: PAMT) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell the Company
to Turtle Beach.
Our investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Parametric Sounds for not
acting in the Company's shareholders' best interests in connection with the
sale process. For more information regarding our investigation, please
contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at email@example.com or visit:
Under the terms of the agreement, former Turtle Beach stockholders are
expected to own approximately 80 percent of the combined company's shares, and
Parametric stockholders are expected to own approximately 20 percent of the
combined company's shares.
If you own shares of Parametric would like to learn more about these claims or
if you wish to discuss these matters and have any questions concerning this
announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at
(877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/pamt.
You may also email Mr. Maniskas at firstname.lastname@example.org. For more
information about class action cases in general, please visit our website:
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP
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