Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by members of the Board of Directors of Ladish Co., Inc. (NASDAQ: LDSH) arising from the proposed sale of Ladish to Allegheny Technologies Inc. (NYSE: ATI).

Under the terms of the transaction, Ladish shareholders will receive $24.00 in cash plus 0.4556 shares of Allegheny stock for each share of Ladish stock they hold. The aggregate value of the transaction is approximately $778 million, or $48.00 per share for Ladish common stock based on the volume weighted average price of Allegheny common stock over the last 10 trading days ending November 16, 2010. The transaction is expected to close in early 2011.

Weiss & Lurie is investigating whether Ladish’s Board acted in the best interests of shareholders in approving the proposed transaction and whether Ladish’s Board properly sought to maximize shareholder value.

If you own common stock in Ladish and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Julia J. Sun, Esq. either by email at infony@weisslurie.com or by telephone at (888) 593-4771.

Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (such as insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading press releases or SEC filings), consumer fraud (such as false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at infony@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.

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