Faruqi & Faruqi, LLP Announces Investigation of Integral Systems, Inc.
23 June 2011 - 9:12AM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Integral Systems, Inc. (“Integral” or the “Company”)
(NasdaqGS: ISYS) for potential breaches of fiduciary duties in
connection with their duty to disclose material information in the
Definitive Proxy Statement filed by the Company with the SEC on
June 21, 2011. The Proxy Statement is seeking to get shareholders’
approval of the sale of the Company to Kratos Defense &
Security Solutions, Inc. (“Kratos”) on July 26, 2011. In accordance
with the terms of the merger agreement entered into on May 15,
2011, the shareholders of Integral will receive $5.00 in cash,
without interest, and 0.588 shares of Kratos common stock for each
share of Integral Systems common stock they own. The shareholder
vote is scheduled to occur on July 26, 2011.
Request more information now by clicking here:
www.faruqilaw.com/ISYS
Whether Integral’s Board of Directors breached their fiduciary
duties to the Company’s stockholders by failing to disclose all
material information in the Proxy Statement; whether it failed to
maximize shareholder value and if so by how much the sale
undervalues the Company to the detriment of Integral’s 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 Integral and wish to obtain
additional information, please visit us at www.faruqilaw.com/ISYS
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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