Zoltek Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Toray Industries

  Zoltek Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers
  Taylor LLP Investigate Merger with Toray Industries

Business Wire

DALLAS -- September 27, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor LLP are
investigating the merger of Zoltek Companies, Inc. (“Zoltek”) (NasdaqGS: ZOLT)
with Toray Industries, Inc. for shareholders. Under the terms of the proposed
merger agreement, Zoltek shareholders will only receive $16.75 in cash for
each share owned. The proposed price is well below the 52-week high of $19.09
per share.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach
Groover at Powers Taylor LLP, toll free (877) 728-9607 or via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.

The investigation into the Zoltek sale is focused on whether shareholders are
receiving adequate compensation for their shares in the proposed deal, whether
the transaction properly values Zoltek stock, and whether Zoltek’s board
attempted to obtain the highest share price for all shareholders prior to
agreeing to the deal.

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor LLP
Zach Groover, 877-728-9607
shareholder@powerstaylor.com
 
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