|By Marketwired .||
|January 17, 2014 01:33 PM EST||
NEW YORK, NY -- (Marketwired) -- 01/17/14 -- Levi & Korsinsky notifies investors of Material Sciences Corp. ("Material Sciences" or "the Company") (NASDAQ: MASC) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Zink Acquisition Holdings Inc. A complaint was filed in Delaware state court.
Click here to learn more about the action http://zlk.9nl.com/material-sciences-masc, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Material Sciences shareholders will receive $12.75 for each share of Material Sciences stock they own. The claims concern whether the Material Sciences Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Zink Acquisition Holdings Inc. is underpaying for Material Sciences shares. In particular, at least one analyst set a price target for Material Sciences stock at $13.00 per share.
If you own Material Sciences common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/material-sciences-masc.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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