WAYNE, Pa., March 1, 2016 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of API Technologies Corp. ("API" or the "Company")
(NASDAQ: ATNY) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to an affiliate of private equity firm J. F. Lehman
& Company.
If you own shares of API 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/atny. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of API will
receive $2.00 in cash for each share
of API common stock.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of API
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/atny
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP