Ryan & Maniskas, LLP Announces Investigation of LaBranche & Co, Inc.

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/lab) is investigating potential claims against the board of directors of LaBranche & Co, Inc. ("LaBranche" or the "Company") (NYSE: LAB) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell LaBranche to Cowen Group, Inc. (“Cowen”) in a transaction valued at approximately $192.8 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of LaBranche. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at [phone] or by email at [e-mail] or visit: www.rmclasslaw.com/cases/lab.

Under the proposed agreement, each outstanding share of LaBranche common stock will be exchanged for 0.9980 of a share of Cowen Class A common stock.

If you own shares of Hughes 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 [phone] or to sign up online, visit: www.rmclasslaw.com/cases/lab. You may also email Mr. Maniskas at [e-mail]. 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.