










The Law Officeof Abe Shainberg Launchesan Investigationinto Possible Breachesof Fiduciary Dutybythe Boardof SRA Internat


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NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of SRA International, Inc. (NYSE: SRX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Providence Equity Partners (aProvidencea). Under the terms of the proposed transaction, SRA shareholders will receive $31.25 in cash per share for a total transaction value of approximately $1.88 billion.
The investigation concerns whether the SRA Board of Directors breached their fiduciary duties to SRA stockholders by failing to adequately shop the Company before entering into this transaction and whether Providence is underpaying for SRA shares. In particular, Dr. Volgenau, the Companya™s founder and chairman, who currently owns 21% of the total outstanding shares and 71% of voting rights of the company, has agreed to vote in favor of the merger.
If you own common stock in SRA and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/sra-international-inc.html ].
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Abe Shainberg, Esq.
132 East 43rd Street, Suite 512
New York, NY 10017
Tel: (212) 425-7286
Fax: (866) 699.3880
Email: [ as@ashainberglaw.com ]