NEW YORK, Aug. 27, 2013 /PRNewswire/ -- Morgan & Morgan
announces that it is investigating potential legal claims against
the board of directors of Globecomm Systems, Inc. ("Globecomm")
(Nasdaq: GCOM) regarding possible breaches of fiduciary duties and
other violations of law related to Globecomm's entry into an
agreement to be acquired by Wasserstein & Co. ("Wasserstein")
in a transaction valued at approximately $340 million.
If you purchased Globecomm, and want more information about the
Globecomm takeover investigation, please contact George Pressly, Esq. at 1(800)
631-6234 or email George at
AskGeorge@morgansecuritieslaw.com.
Under the terms of the agreement, public shareholders of
Globecomm will receive $14.15 per
share in cash for each share of Globecomm they own.
Morgan & Morgan's investigation concerns whether Globecomm's
Board of Directors breached its fiduciary duties to act in the best
interests of Globecomm shareholders and to take all necessary steps
to ensure that Globecomm shareholders receive the maximum value
readily available for their shares of Globecomm stock.
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to securities fraud, the firm also practices in
the areas of antitrust, personal injury, consumer protection, wage
and hour, and product liability. All of the Firm's legal
endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar
outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-631-6234
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan