Ryan & Maniskas, LLP Announces Investigation of Omni Energy Services Corp.
June 04 2010 - 4:00PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/omni) is
investigating potential claims against the board of directors of
Omni Energy Services Corp. ("Omni" or the "Company") (NASDAQ: OMNI)
concerning possible breaches of fiduciary duty and other violations
of law related to the Company's entry into an agreement to be
acquired and taken private by Wellspring Capital Management LLC
("Wellspring"), in a transaction valued at approximately $122
million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Omni. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A.
Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/omni.
Under the proposed agreement, Omni shareholders will receive
$2.75 in cash for each Omni share of common stock they hold.
If you own shares of Omni 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/omni. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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