RM LAW Announces Investigation of Key Technology, Inc.

By , in PR PR Sci/Tech on .

BERWYN, Pa., Feb. 2, 2018 – RM LAW, P.C. is investigating potential claims against the board of directors of Key Technology, Inc. (“Key Technology” or the “Company”) (NASDAQ: KTEC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Duravant LLC in a transaction valued at approximately $175 million.

If you own shares of  Key Technology 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, click here.  You may also email Mr. Maniskas at [email protected].  

Under the terms of the agreement, shareholders of Key Technology will receive $26.75 in cash for each share of Key Technology common stock.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Key Technology 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
[email protected]

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/rm-law-announces-investigation-of-key-technology-inc-300592653.html

SOURCE RM LAW, P.C.

Related Links

http://www.rmclasslaw.com

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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