ICO, Inc. Merger Litigation (Nasdaq: ICOC)

Law Office of Brodsky & Smith, LLC Announces Investigation of ICO, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ICO, Inc. (“ICO” or the “Company”) (Nasdaq:ICOC – News) related to the merger agreement with A. Schulman, Inc. (“A. Schulman”) (Nasdaq: SHLM). 
 
Under the terms of the transaction, ICO shareholders are to receive $3.67 per share in cash and approximately 0.184 shares of Schulman stock for each share of ICO common stock they own. The investigations concerns whether the board breached their fiduciary duties by failing to adequately shop the company given that ICO stock traded at $5.04 on September 21, 2009 and $4.83 on October 9, 2009. 
 
If you are an ICO shareholder and wish to discuss the legal ramifications of the Board’s actions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 
 

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