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

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  Published in Science and Technology on Wednesday, October 13th 2010 at 19:20 GMT by Market Wire
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Ulticom, Inc. (aUlticoma or the aCompanya) (Nasdaq: ULCM) relating to the proposed acquisition by an affiliate of Platinum Equity, LLC.

Under the terms of the offer, Ulticom shareholders would receive cash of $2.33 after payment of a special dividend in the amount of $5.74 per share in cash. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that Ulticom stock was trading at $9.48 a share as recently as July 30, 2010 and was trading at $10.50 a share on April 19, 2010

If you own shares of Ulticom 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.