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TNB Thomas & Betts Corp.

71.99
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Thomas & Betts Corp. NYSE:TNB NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 71.99 0.00 01:00:00

Ryan & Maniskas, LLP Announces Investigation of Thomas & Betts Corporation

31/01/2012 3:49pm

Business Wire


Thomas Betts (NYSE:TNB)
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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/tnb) is investigating potential claims against the board of directors of Thomas & Betts Corporation ("Thomas & Betts" or the "Company") (NYSE: TNB) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Thomas & Betts to ABB in a transaction valued at approximately $3.9 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 Thomas & Betts. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/tnb.

Under the terms of the transaction, Thomas & Betts shareholders will receive $72 per share of Thomas & Betts stock they own.

If you own shares of Thomas & Betts 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 (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/tnb. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. 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.

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