NEW YORK, Aug. 26, 2013 /PRNewswire/ -- Bernstein Liebhard
LLP is investigating whether the Board of Directors of TMS
International Corp. ("TMS" or the "Company") (NYSE: TMS) breached
its fiduciary duty to its shareholders in agreeing to sell TMS to
The Pritzker Organization, LLC.
(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
)
Under the terms of the agreement, TMS shareholders will receive
$17.50 in cash for each share of TMS
Class A common stock and Class B common stock they own. The
investigation is focused on the potential unfairness of the price
to TMS shareholders and the process by which the TMS Board of
Directors considered and approved the transaction.
If you are interested in discussing your rights as a TMS
stockholder, with no obligation or cost to you, please contact
Joseph Seidman at:
(877) 779-1414
or
seidman@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last ten years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
SOURCE Bernstein Liebhard LLP