Egleston Law Firm Announces Investigation Of The Acquisition Of LaserCard Corporation

Egleston Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of LaserCard Corporation (NASDAQ: LCRD) (“LaserCard” or the “Company”) by ASSA ABLOY AB (“ASSA ABLOY”) in an all cash tender offer valued at approximately $80 million.

Under the terms of the agreement, a subsidiary of ASSA ABLOY will commence a cash tender offer to acquire LaserCard’s outstanding shares of common stock at $6.25 per share. The investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.

If you are a shareholder of LaserCard and would like more information about our investigation, please contact Gregory M. Egleston, Esq. by telephone at (646) 227-1700 or by e-mail at greg.egleston@gmail.com or visit www.gme-law.com.

ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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