WAYNE, Pa., Sept. 23, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Verenium Corporation ("Verenium" or the "Company")
(NASDAQ: VRNM) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to BASF Corporation in a transaction valued at
approximately $51 million.
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)
Under the terms of the agreement, Verenium shareholders will
receive $4.00 per share in cash for
each share of Verenium common stock.
If you own shares of Verenium and would like to learn more about
these claims 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/vrnm. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Verenium's Board of Directors
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.
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CONTACT:
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Ryan &
Maniskas, LLP
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Richard A.
Maniskas, Esquire
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995 Old Eagle
School Rd., Suite 311
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Wayne, PA
19087
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877-316-3218
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www.rmclasslaw.com/cases/vrnm
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP