San Diego, CA, USA (January 31, 2012) -- The Shareholders Foundation announces that an investigation for investors in Solutia Inc. (NYSE:SOA) shares was launched concerning whether the offer to acquire Solutia for a value of approximately $27.65 per share and the buyout process are unfair to investors in NYSE:SOA shares.

Investors in shares of Solutia Inc. (NYSE:SOA) and purchased NYSE:SOA shares prior to the announcement, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigations by law firms concern whether Solutia Inc, certain officers and directors, and/or others breached their fiduciary duties to Solutia (NYSE:SOA) investors in connection with the proposed acquisition.

On Friday, Jan. 27, 2012, Solutia Inc. (NYSE:SOA) and Eastman Chemical Company (NYSE:EMN) announced that they have entered into an agreement, under which Eastman Chemical Company will acquire Solutia at a total transaction value of approximately $4.7 billion, including the assumption of Solutia's debt. Under the terms of the proposed transaction, Solutia stockholders will receive $22.00 in cash and 0.12 shares of Eastman common stock for each share of Solutia common stock. Based on the closing prices on January 26, 212, Solutia shareholders will receive cash and stock valued at $27.65 per Solutia (NYSE:SOA) common share.

However, at least one analyst has set the high target price for NYSE: SOA shares at $31 per share.

Therefore the investigation for NYSE:SOA investors concerns whether the Solutia Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to Solutia Inc. (YSE:SOA) shareholders by failing to adequately shop the Company before entering into this transaction.

In addition given the financial performance of Solutia in recent years and the analyst’s high target price for NYSE: SOA the investigation also focuses on whether offer by Eastman Chemical Company undervalues NYSE:SOA shares.

Those who are current investors in Solutia Inc. (SOA) and purchased NYSE:SOA shares prior to the announcement have certain options and should contact the Shareholders Foundation.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Contact:
Trevor Allen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
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Tel: +1-(858)-779-1554
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Web: http://www.shareholdersfoundation.com