Harwood Feffer LLP Announces Investigation of Quality Distribution, Inc.

NEW YORK, May 7, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Quality Distribution, Inc. ("Quality Distribution" or the "Company") (NASDAQ: QLTY) concerning the proposed acquisition of the Company by Apax Partners ("Apax") in transaction worth approximately $800 million.      

Under the terms of the transaction, Quality Distribution shareholders would receive $16.00 per share of Quality Distribution owned.  As recently as July 2014, Quality Distribution shares traded at over $15.40 per share and according to Yahoo Finance at least one analyst has set a target price for Quality Distribution shares of $18.00.

Our investigation concerns whether the Quality Distribution board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Quality Distribution shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP