Ryan & Maniskas, LLP Announces Investigation of The Pep Boys – Manny, Moe & Jack

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/pby) is investigating potential claims against the board of directors of The Pep Boys – Manny, Moe & Jack ("Pep Boys" or the "Company") (NYSE: PBY) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Pep Boys to The Gores Group in a transaction valued at approximately $1 billion.

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 Pep Boys. 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/pby.

Under the terms of the transaction, Pep Boys shareholders will receive $15.00 for each share of Pep Boys stock they own.

If you own shares of Pep Boys 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/pby. 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.