Ryan & Maniskas, LLP Announces Investigation of McCormick & Schmick's Seafood Restaurants, Inc.
10 November 2011 - 1:07AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mssr) is
investigating potential claims against the board of directors of
McCormick & Schmick’s Seafood Restaurants (“McCormick &
Schmick’s” or the "Company") (NASDAQ: MSSR) concerning possible
breaches of fiduciary duty and other violations of law related to
the Company’s efforts to sell McCormick & Schmick’s to Landry’s
MSA Co., Inc., a subsidiary of Landry’s, Inc. in a transaction
valued at $131.6 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 McCormick & Schmick’s. 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/mssr.
Under the terms of the definitive agreement, McCormick &
Schmick’s shareholders will receive $8.75 in cash for each share of
McCormick & Schmick’s common stock they own.
If you own shares of McCormick & Schmick’s 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/mssr. 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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