Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of SRA International, Inc. - SRX
04 Abril 2011 - 6:10PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of SRA International, Inc. (“SRA” or the “Company”)
(NYSE: SRX) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
an affiliate of Providence Equity Partners for approximately $1.88
billion in cash. The proposed transaction offers SRA shareholders
$31.25 per share in cash in exchange for each SRA share they
hold.
Request more information now by clicking here:
www.faruqilaw.com/SRX.
Whether the SRA’s Board of Directors breached their fiduciary
duties to SRA’s stockholders by failing to conduct an adequate and
fair sales process to sell the Company prior to agreeing to this
proposed transaction, whether the proposed transaction undervalues
SRA’s shares and by how much this proposed transaction undervalues
the Company to the detriment of SRA shareholders are the key focus
of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in SRA and wish to obtain additional
information, please visit us at www.faruqilaw.com/SRX or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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