Wolf Haldenstein Announces Investigation of Zoltek Companies, Inc.

  Wolf Haldenstein Announces Investigation of Zoltek Companies, Inc.

Business Wire

NEW YORK -- September 27, 2013

The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating
possible breaches of fiduciary duty by the Board of Directors of Zoltek
Companies, Inc. (“Zoltek” or the “Company”) (Nasdaq:ZOLT) arising out of the
proposed acquisition of Zoltek by Japanese carbon fiber producer, Toray
Industries, Inc. (“Toray”).

On September 27, 2013, Zoltek announced that Toray will acquire all
outstanding Zoltek shares in an all-cash deal valued at approximately $584
million. Under the terms of the proposed transaction, Zoltek shareholders will
receive $16.75 per share, reflecting a mere 2% premium over the Company’s
closing price on September 25, 2013 and a 10% discount from yesterday’s
closing price of $18.51. The companies plan to complete the deal by early
2014.

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 firm’s website (http://www.whafh.com) for more
information about its past successes.

If you own Zoltek 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 M. Nespole
Wolf Haldenstein Adler Freeman & Herz LLP
270 Madison Avenue
New York, New York 10016

Phone Numbers:
(800) 575-0735
(212) 545-4600

Email: Classmember@whafh.com or nespole@whafh.com and please reference “Zoltek
Investigation.”

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Gregory M. Nespole
800-575-0735
212-545-4600
Classmember@whafh.com
nespole@whafh.com
 
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