Ryan & Maniskas, LLP Announces Investigation of Parametric Sound Corp.

WAYNE, Pa., Aug. 7, 2013 /PRNewswire/ --  Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/pamt) is investigating potential claims against the board of directors of Parametric Sound Corp. ("Parametric Sound" or the "Company") (NASDAQ: PAMT) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Turtle Beach. 

(Logo: http://photos.prnewswire.com/prnh/20121112/MM11729LOGO)

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Parametric Sounds for not acting in the Company's shareholders' best interests in connection with the sale process.  For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/pamt.               

Under the terms of the agreement, former Turtle Beach stockholders are expected to own approximately 80 percent of the combined company's shares, and Parametric stockholders are expected to own approximately 20 percent of the combined company's shares.

If you own shares of Parametric 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/pamt.  You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.  For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

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.

SOURCE Ryan & Maniskas, LLP