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Ryan & Maniskas, LLP Announces Investigation of Time Warner Cable Inc.

WAYNE, Pa., Feb. 14, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Time Warner Cable Inc. ("Time Warner Cable" or the "Company") (NYSE: TWC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Comcast Corporation ("Comcast") in a transaction valued at approximately $45.2 billion.

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If you own shares of Time Warner Cable and would like to learn more about this class action 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/twc.   You may also email Mr. Maniskas at [email protected]

Under the terms of the proposal, public shareholders of Time Warner Cable will receive 2.875 shares of Comcast common stock for each share of Time Warner Cable they own. Based on Comcast's closing stock price on February 12, 2014, Time Warner shareholders would have received consideration valued at approximately $158.82 per share.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by Time Warner Cable'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: www.rmclasslaw.com.

CONTACT: 

Ryan & Maniskas, LLP


Richard A. Maniskas, Esquire


995 Old Eagle School Rd., Suite 311


Wayne, PA 19087


877-316-3218


www.rmclasslaw.com/cases/twc       


[email protected]

SOURCE Ryan & Maniskas, LLP

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