LAWSUIT ALERT: Andrews & Springer LLC Announces That a Law Firm Has Filed a Class Action Lawsuit Against Viasystems Group Inc. - VIAS

WILMINGTON, Del., Oct. 13, 2014 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announced today that a class action lawsuit has been filed on behalf of stockholders of Viasystems Group, Inc. VIAS ("Viasystems" or the "Company") seeking to challenge the Company's recently announced merger.

If you would like to join the class action, please visit our website or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

On September 22, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which TTM Technologies Group, Inc. ("TTM") will acquire Viasystems in a merger in a deal worth $368 million (excluding debt). As a result of the merger, Viasystems shareholders are only anticipated to receive $11.33 per share in cash and 0.706 shares of TTM stock in exchange for each share of Viasystems. Following the merger, Viasystems shareholders are expected to be substantially diluted, owning only a small minority interest of the combined company. Additionally, the 0.706 fixed exchange ratio restricts the value that Viasystems shareholders are expected to receive by exposing Viasystems shareholders to the volatility of TTM's share price.

On September 30, 2014, a Viasystems shareholder represented by another law firm has filed a class action complaint challenging Viasystem's merger with TTM. The complaint was filed in the Missouri Circuit Court for St. Louis County, Case No. 14SL-CC03422.

If you own shares of Viasystems and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/VIAS or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. 

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.