Ryan & Maniskas, LLP (
) is investigating potential claims against the board of directors of MOD-PAC Corp. (“MOD-PAC” or the “Company”) (NASDAQ: MPAC) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from Daniel G. Keane, the Company’s President and CEO, and Chairman Kevin T. Keane.
Our investigation concerns the Company’s board of directors’ process for consideration of the proposed transaction, whether MOD-PAC is acting in its shareholders’ best interests and whether the proposed consideration to be paid to MOD-PAC shareholders would be fair and adequate. 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
Under the terms of the proposal, MOD-PAC shareholders would receive $7.20 in cash per MOD-PAC share held at the time of the transaction.
If you own shares of MOD-PAC 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:
. You may also email Mr. Maniskas at
. For more information about class action cases in general, please visit our website:
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.