JPS Industries, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of JPS Industries, Inc. (OTC PINK: JPST) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of JPS Industries, Inc. (“JPS” or the “Company”) (OTC PINK: JPST) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Handy & Harman Ltd. (“HNH”) (NASDAQ CM: HNH).

Under the terms of the agreement, shareholders of JPS will receive $11.00 in cash for each share of JPS they own.

The investigation concerns whether JPS’s board of directors failed to adequately shop the Company and obtain the best possible value for JPS’s shareholders before entering into an agreement with HNH.

If you own the common stock of JPS and purchased your shares before June 1, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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