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The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of Syniverse Technolo

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^{Published in Science and Technology on Wednesday, November 3rd 2010 at 13:11 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of Syniverse Holdings, Inc. (aSyniversea or the aCompanya) (NYSE: SVR) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to The Carlyle Group (aCarlylea). Under the terms of the transaction, Syniverse shareholders will receive $31.00 in cash per share of Syniverse stock for a total transaction value of approximately $2.6 billion.

The investigation concerns whether the Syniverse Board of Directors breached their fiduciary duties to Syniverse stockholders by failing to adequately shop the Company before entering into this transaction and whether Carlyle is underpaying for Syniverse shares.

If you own common stock in Syniverse 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/syniverse-svr.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.