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Published in House and Home on Friday, April 12th 2013 at 8:31 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
Ryan & Maniskas, LLP Announces Investigation of MOD-PAC Corp. -- WAYNE, Pa., April 12, 2013 /PRNewswire/ --
WAYNE, Pa., April 12, 2013 /PRNewswire/ -- [ Ryan & Maniskas, LLP ] ([ www.rmclasslaw.com/cases/mpac ]) is investigating potential claims against the board of directors of MOD-PAC Corp. ("MOD-PAC" or the "Company") (NASDAQ: [ MPAC ]) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to a group consisting of the Company's President and Chief Executive Officer, Daniel G. Keane , and its Chairman of the Board, Kevin T. Keane , and their affiliates and associates.
(Logo: [ http://photos.prnewswire.com/prnh/20121112/MM11729LOGO ])
Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of MOD-PAC. 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 [ rmaniskas@rmclasslaw.com ] or visit: [ www.rmclasslaw.com/cases/mpac ].
Under the terms of the proposed transaction, MOD-PAC's stockholders will receive $8.40 in cash for each share of MOD-PAC common stock they own.
If you own shares of MOD-PAC 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/mpac ]. You may also email Mr. Maniskas at [ rmaniskas@rmclasslaw.com ]. For more information about class action cases in general, please visit our website: [ www.rmclasslaw.com ].
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.
CONTACT: | Ryan & Maniskas, LLP |
Richard A. Maniskas, Esquire | |
995 Old Eagle School Rd., Suite 311 | |
Wayne, PA 19087 | |
877-316-3218 | |
SOURCE Ryan & Maniskas, LLP
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