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The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of CommScope, Inc. in

^{Published on 2010-11-02 13:50:19 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of CommScope, Inc. (NYSE: CTV) for possible breaches of fiduciary duty and other violations of state law in connection with the attempt to sell the Company to The Carlyle Group. Under the terms of the transaction, CommScope shareholders will receive $31.50 in cash for each CommScope common share for a total transaction value of approximately $3.9 billion.

The investigation concerns whether the CommScope Board of Directors breached their fiduciary duties to CommScope stockholders by failing to adequately shop the Company before entering into this transaction and whether Carlyle is underpaying for CommScope shares. At least one analyst set a price target for CommScope common stock at $36.00 per share and CommScope stock has traded as high as $33.05 per share as recently as May 3, 2010.

If you own common stock in CommScope and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/commscope-ctv.html ].

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.