Ryan & Maniskas, LLP Announces Investigation of Zoltek Companies Inc.
WAYNE, Pa., Oct. 1, 2013
WAYNE, Pa., Oct. 1, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating
potential claims against the board of directors of Zoltek Companies Inc.
("Zoltek" or the "Company") (NASDAQ: ZOLT) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's efforts to
sell the Company to Toray Industries, Inc. in a cash deal valued at
approximately $584 million.
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If you own shares of Zoltek and 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/zolt.
You may also email Mr. Maniskas at email@example.com.
Under the terms of the transaction, Zoltek shareholders will receive $16.75
for each share of Zoltek stock they own.
Our investigation concerns possible breaches of fiduciary duty and other
violations of state law by Zoltek's Board of Directors for not acting in the
Company's shareholders' best interests in connection with the sale process.
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
nationwide. To learn more about the class action process, please visit:
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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