UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Launches an Investigation of the Board of Directors of JPS Industries, Inc. In Connection With the Fairness of the Sale of the Company to Handy & Harman Ltd.

NEW YORK--(BUSINESS WIRE)--

Levi & Korsinsky commenced an investigation the Board of Directors of JPS Industries, Inc. (“JPS” or “the Company”) JPST for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Handy & Harman Ltd. (“HNH”).

Click here to learn more about the investigation: http://zlk.9nl.com/jps-industries-jpst.

Under the terms of the tender offer, JPS shareholders will receive $10.00 in cash for each share of JPS stock they own. The investigation concerns whether the Board of JPS breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether HNH is underpaying for JPS shares.

If you own JPS common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/jps-industries-jpst.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.