Science & Technology
Science and Technology
Science and Technology 
Wed, May 18, 2011
Tue, May 17, 2011
The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Integral Sys
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of Integral Systems, Inc. (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 proposed 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. Based on the prior closing prices, the transaction values Integral Systems stock at $13.00 per share for a total transaction value of approximately $225 million.
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.
If you own common stock in Integral Systems 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/integral-systems.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.