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Applied Industrial Technologies, Inc. (AIT)



Faruqi & Faruqi, LLP Launches Investigation Against Applied Industrial Technologies, Inc. (AIT) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors In The Manner It Seeks Executive Compensation Approval

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Applied Industrial Technologies, Inc. (“Applied” or the “Company”) (NYSE: AIT) for potential breaches of fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for the Company’s named executive officers.  The terms of the compensation to be awarded to the Company’s executive officers are outlined in the Proxy Statement on Form Schedule 14A that Applied filed with the Securities and Exchange Commission on September 7, 2012.

If you own common stock in Applied and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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  • Company:
    Applied Industrial Technologies, Inc. (AIT)

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Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


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