Ryan & Maniskas, LLP Announces Investigation Of Teavana Holdings, Inc.

Ryan & Maniskas, LLP ( www.rmclasslaw.com/cases/tea) is investigating potential claims against the board of directors of Teavana Holdings, Inc. (“Teavana” or the “Company”) (NYSE: TEA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Starbucks Coffee Company in an all-cash deal valued at approximately $620 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Teavana. 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/tea

Under the terms of the proposed transaction, Teavana’s stockholders will receive $15.50 in cash for each share of Teavana’s common stock they own.

If you own shares of Teavana 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/tea. 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.

Copyright Business Wire 2010

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