WAYNE, Pa., May 11, 2015 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Quality Distribution Inc. ("Quality Distribution"
or the "Company") (NASDAQ: QLTY) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's
efforts to sell the Company to Apax Partners in a transaction
valued at approximately $800
million.
If you own shares of Quality Distribution and would like to
learn more about this class action 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/qlty. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of Quality
Distribution would receive $16.00 in
cash for each share of Quality Distribution they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Quality Distribution for not acting in the Company's shareholders'
best interests in connection with the sale process.
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. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas,
LLP
Richard A. Maniskas,
Esquire
995 Old Eagle School Rd., Suite
311
Wayne, PA
19087
877-316-3218
www.rmclasslaw.com/cases/qlty
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP