SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of TeleCommunication Systems, Inc.
December 08 2015 - 8:35PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
TeleCommunication System, Inc. ("TeleCommunication Systems” or "the
Company") (Nasdaq: TSYS) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to Comtech Telecommunication Corp, (“Comtech”).
Click here to learn more about the investigation
http://brodsky-smith.com/1008-tsys-telecommunication-systems-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction TeleCommunication Systems
shareholders will receive only $5.00 in cash for each share of
TeleCommunication Systems stock they own. The investigation
concerns whether the Board of TeleCommunication Systems breached
their fiduciary duties to shareholders and whether Comtech is
underpaying for the Company. For example, the transaction may
undervalue TeleCommunication Systems as an analyst has set a $6.00
per share price target for TeleCommunication Systems stock.
If you own shares of TeleCommunication Systems stock and wish to
discuss the legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1008-tsys-telecommunication-systems-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20151208006779/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/1008-tsys-telecommunication-systems-inc.html
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