LOS ANGELES -- (Business Wire)

Glancy Binkow & Goldberg LLP is investigating the Board of Directors of Schuff International, Inc. (“Schuff” or the “Company”) (OTC:SHFK). This investigation relates to the acquisition of the Company by HC2 Holdings, Inc. (“HC2”) (OTC:HCHC).

Under the terms of the deal, Schuff shareholders will receive $31.50 in cash for each share of SHFK they own, approximately a 1.6% premium compared to Wednesday’s closing price of $31.00. This investigation concerns whether the Board of Directors of Schuff breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.

If you are a shareholder of Schuff, if you have information or would like to learn more about our investigation, or if you wish to discuss your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy Binkow & Goldberg LLP
Louis Boyarsky, Esquire
(310) 201-9150 or Toll Free at (888) 773-9224
shareholders@glancylaw.com

Source: Glancy Binkow & Goldberg LLP