NEW YORK -- (Business Wire)

The Law Office of Joseph Klein is investigating the Board of Directors of Ladish Co., Inc. (NasdaqGS: LDSH) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Allegheny Technologies Incorporated (“ATI”) (NYSE: ATI). Under the terms of the transaction, Ladish shareholders will receive $24.00 in cash and 0.4556 of a share of ATI common stock for each share they own. Based on the volume weighted average price of ATI common stock over the last 10 trading days ending November 16, 2010, the transaction values Ladish stock at $48.00 per Ladish share for a total transaction value of approximately $778 million.

The investigation concerns whether the Ladish Board of Directors breached their fiduciary duties to Ladish stockholders by failing to adequately shop the Company before entering into this transaction and whether ATI is underpaying for Ladish shares.

If you own common stock in Ladish and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/ladish-ldsh.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

Contacts:

The Law Office of Joseph Klein
Joseph Klein, Esq.
1560 East 27th Street
Brooklyn, NY 11229
Telephone: (718) 947-0005
Fax: (718) 799-1443
Toll Free: (877) STOK-180 (877-786-5180)
E-Mail: jk@jkleinlawfirm.com
The Web: www.jkleinlawfirm.com

Source: The Law Office of Joseph Klein