WAYNE, Pa., Dec. 23, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Coleman Cable, Inc.
("Coleman Cable" or the "Company")
(NASDAQ: CCIX) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to Southwire Co in a cash deal valued at approximately
$492 million.
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If you own shares of Coleman
Cable 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/ccix. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the proposed transaction, Coleman Cable's stockholders will receive
$26.25 per share for each share of
Coleman Cable common stock they
own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Coleman Cable'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.
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/ccix
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP