BERWYN, Pa., Feb. 7, 2017 /PRNewswire/ -- RM LAW, P.C. is
investigating potential claims against the board of directors of
Ultratech, Inc. ("Ultrarech" or the "Company") (NASDAQ: UTEK)
concerning possible breaches of fiduciary duty and other violations
of law related to the Company's efforts to sell the Company to
Veeco Instruments Inc. ("Veeco") in a transaction valued at
approximately $815 million.
If you own shares of Ultratech 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 (844) 291-9299 or to sign up online, visit:
www.maniskas.com. You may also email Mr. Maniskas at
rm@maniskas.com.
Under the terms of the agreement, shareholders of Ultratech will
receive (i) $21.75 per share in cash
and (ii) 0.2675 of a share of Veeco common stock for each Ultratech
common share outstanding.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Ultratech or not acting in the Company's shareholders' best
interests in connection with the sale process.
RM LAW, P.C. is a national shareholder litigation firm. RM
LAW, P.C. 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.maniskas.com.
CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055
Westlakes Dr., Ste. 3112
Berwyn, PA
19312
484-324-6800
844-291-9299
www.maniskas.com
rm@maniskas.com
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visit:http://www.prnewswire.com/news-releases/rm-law-announces-investigation-of-ultratech-inc-300403385.html
SOURCE Ryan & Maniskas, LLP
