EQUITY ALERT: The Rosen Law Firm Announces Investigation of Metalico Inc. Concerning its Proposed Sale to Total Merchant Limited

NEW YORK--()--The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Metalico Inc. (NYSE:MEA) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Metalico to maximize shareholder value before agreeing to be acquired by Total Merchant Limited.

If you would like to join the action, go to the firm’s website at http://rosenlegal.com/cases-639.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $0.60 in cash for each share of Metalico common stock they own. The proposed transaction is valued at approximately $87 million. The investigation relates to whether the proposal is fair to the public shareholders of Metalico and whether Metalico’s Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Metalico and wish to obtain additional information, please visit the firm’s website at http://rosenlegal.com/cases-639.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

The Rosen Law Firm Representing Metalico Inc. Shareholders Concerning its Proposed Sale to Total Merchant Limited. - MEA

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com