WASHINGTON -- (Business Wire)

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Ladish Co., Inc. (“Ladish” or the “Company”) (Nasdaq: LDSH) concerning the sale of the Company to Allegheny Technologies Inc. (“ATI”) for $24 in cash and 0.4556 shares of ATI stock for every share of common stock owned in a transaction valued at approximately $778 million. The implied value of deal is $46.75 per share based on ATI’s closing price on November 16, the day before the announcement of the transaction.

The investigation is focused on the potential unfairness of the deal price to Ladish shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Ladish Board members.

If you are interested in discussing your rights as a Ladish shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:

Finkelstein Thompson LLP
Donald Enright, 202-337-8000

Source: Finkelstein Thompson LLP