WAYNE, Pa., Oct. 23, 2015 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of SmartPros Ltd. ("SmartPros" or the "Company")
(NASDAQ: SPRO) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to Kaplan, Inc. a subsidiary of Graham Holdings in a
transaction valued at approximately $16.9
million.
If you own shares of SmartPros 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/spro. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of SmartPros will
receive $3.57 in cash for each share
of SmartPros common stock owned.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
SmartPros 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/spro
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP