Science & Technology
Thu, May 26, 2011Wed, May 25, 2011Tue, May 24, 2011Mon, May 23, 2011Sun, May 22, 2011Fri, May 20, 2011Thu, May 19, 2011Wed, May 18, 2011Tue, May 17, 2011Mon, May 16, 2011Fri, May 13, 2011Thu, May 12, 2011Wed, May 11, 2011Tue, May 10, 2011Mon, May 9, 2011Sun, May 8, 2011Sat, May 7, 2011Fri, May 6, 2011Thu, May 5, 2011Wed, May 4, 2011Tue, May 3, 2011Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Integral Systems, Inc.
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Published in Science and Technology on Monday, May 16th 2011 at 9:15 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of Integral Systems, Inc. (aIntegral Systemsa or the aCompanya) (Nasdaq: ISYS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS). Under the terms of the transaction, Integral Systems shareholders will receive $5.00 in cash and 0.588 shares of Kratos common stock per share of Integral Systems stock they own, for an implied share value of approximately $13.00. The transaction has a total value of approximately $225 million.
Click here to learn how to join the action: [ http://www.zlk.com/integral-systems-isys.html ], or call: 877-363-5972.
The investigation concerns whether the Integral Systems Board of Directors breached their fiduciary duties to Integral Systems stockholders by failing to adequately shop the Company before entering into this transaction and whether Kratos Defense & Security Solutions Inc. is underpaying for Integral Systems shares, thus unlawfully harming Integral Systems stockholders. In particular, Integral Systems stock traded as high as $13.67 per share as recently as May 11, 2011.
If you own common stock in Integral Systems and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://www.zlk.com/integral-systems-isys.html ].
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
