Law Office of Abe Shainberg Announces Investigation of Possible Breach of Fiduciary Duty by the Board of ATC Technology Corp....

The Law Office of Abe Shainberg is investigating the Board of Directors of ATC Technology Corporation (NasdaqGS: ATAC) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to GENCO Distribution System, Inc., ("GENCO"). Under the terms of the deal, ATC Technology shareholders will receive $25.00 in cash per share for a total transaction value of approximately $513 million.

The investigation concerns whether the ATC Technology Board of Directors breached their fiduciary duties by failing to adequately shop the Company before entering into this transaction and whether GENCO is underpaying for ATC Technology shares. The price offers virtually no premium over the $24.98 price the Company's shares traded at as recently as March 10, 2010 and at least one analyst set a price target for ATC Technology stock at $30.00 per share.

If you own common stock in ATC Technology and wish to obtain additional information, please contact Abe Shainberg, Esq. directly, via email at as@ashainberglaw.com, by telephone at 212.425.7268, or visit http://www.ashainberglaw.com/atc-technology.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.

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