Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of ICO, Inc. - ICOC

Levi & Korsinsky is investigating the Board of Directors of ICO, Inc. (“ICO” or the “Company”) (NasdaqGS: ICOC) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to A. Schulman, Inc. ("A. Schulman") (NasdaqGS: SHLM). Under the terms of the transaction, ICO shareholders will receive cash and A. Schulman stock worth approximately $6.79 per share. In total, A. Schulman will pay approximately $105 million in cash and 5.1 million shares of A. Schulman common stock for a total transaction value of approximately $191.4 million.

The investigation concerns whether the ICO Board of Directors breached their fiduciary duties to ICO stockholders by failing to adequately shop the Company before entering into this transaction and whether A. Schulman is underpaying for ICO shares, thus unlawfully harming ICO stockholders.

If you own common stock in ICO and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/ico1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.