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Law Office of Brodsky & Smith, LLC Announces Investigation of ICx Technologies, Inc.

^{Published on 2010-08-16 13:10:49 - Market Wire}
 

BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ICx Technologies, Inc. (aICxa or the aCompanya) (Nasdaq: ICXT) relating to the proposed acquisition by FLIR Systems, Inc.

Under the terms of the offer, ICx shareholders would receive cash of $7.55 for each share of ICx stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that ICx stock was trading at $7.99 a share as recently as July 26, 2010 and was trading at $8.97 a share on January 8, 2010

If you own shares of ICx and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], or by calling toll free 877-LEGAL-90.