Ryan & Maniskas, LLP Announces Investigation of UNS Energy Corporation

Dec 13, 2013, 10:35 ET from Ryan & Maniskas, LLP

WAYNE, Pa., Dec. 13, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of UNS Energy Corporation ("UNS" or the "Company") (NYSE: UNS) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Fortis Inc. in a cash deal valued at approximately $4.3 billion.

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If you own shares of UNS 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/uns.  You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com

Under the terms of the proposed transaction, UNS' stockholders will receive $60.25 for each share of UNS common stock they own.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by UNS' 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:  Ryan & Maniskas, LLP
                   Richard A. Maniskas, Esquire
                   995 Old Eagle School Rd., Suite 311
                   Wayne, PA 19087

SOURCE Ryan & Maniskas, LLP