Marine Products Corporation (NYSE - MPX)

Marine Products Corporation (NYSE – MPX)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Marine Products Corporation (NYSE – MPX)

BALA CYNWYD – March 17, 2026/Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Marine Products Corporation (“Marine Products” or the “Company”) (NYSE – MPX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to MasterCraft Boat Holdings, Inc. (“MasterCraft”) (Nasdaq – MCFT) for $2.43 per share in cash and 0.232 shares of MasterCraft common stock for each share of Marine Products they own. Based on MasterCraft’s closing share price of $23.12 on February 4, 2026, this consideration implies a value of $7.79 per Marine Products share. The deal is valued at approximately $232.2 million, net of acquired cash.

The investigation concerns whether the Marine Products Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

If you own shares of Marine Products stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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