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Egleston Law Firm Announces Investigation Of The Acquisition Of LaserCard Corporation

^{Published on 2011-01-04 18:00:20 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Egleston Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of LaserCard Corporation (NASDAQ: LCRD) (aLaserCarda or the aCompanya) by ASSA ABLOY AB (aASSA ABLOYa) in an all cash tender offer valued at approximately $80 million.

Under the terms of the agreement, a subsidiary of ASSA ABLOY will commence a cash tender offer to acquire LaserCarda™s outstanding shares of common stock at $6.25 per share. The investigation is focused on whether the proposed deal provides adequate value to the Companya™s shareholders.

If you are a shareholder of LaserCard and would like more information about our investigation, please contact Gregory M. Egleston, Esq. by telephone at (646) 227-1700 or by e-mail at [ greg.egleston@gmail.com ] or visit [ www.gme-law.com ].

ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.