Morgan & Morgan Announces the Investigation of Zoltek Companies Inc. ZOLT
NEW YORK, Oct. 3, 2013
NEW YORK, Oct. 3, 2013 /PRNewswire/ --Morgan & Morgan announces that it is
investigating potential legal claims against the board of directors of Zoltek
Companies Inc. ("Zoltek") (NASDAQ: ZOLT) regarding possible breaches of
fiduciary duties 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.
If you purchased Zoltek, and want more information about the Zoltek takeover
lawsuit, please contact George Pressly, Esq. at1(800) 631-6234or email
George at AskGeorge@morgansecuritieslaw.com.
Under the terms of the transaction, Zoltek shareholders will receive $16.75
for each share of Zoltek stock they own. Morgan & Morgan's investigation
concerns whether Zoltek's Board of Directors breached its fiduciary duties to
act in the best interests of Zoltek shareholders and to take all necessary
steps to ensure that Zoltek shareholders receive the maximum value readily
available for their shares of Zoltek common stock.
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to
securities fraud, the firm also practices in the areas of antitrust, personal
injury, consumer protection, overtime, and product liability.All of the
Firm's legal endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
New York, NY 10036
SOURCE Morgan & Morgan
Press spacebar to pause and continue. Press esc to stop.