Wolf Popper LLP Investigates Claims That the Proposed Acquisition of TeleCommunication Systems, Inc. May Not Be In the Best Interests of Its Investors

Nov 23, 2015, 12:33 ET from Wolf Popper LLP

NEW YORK, Nov. 23, 2015 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in TeleCommunication Systems, Inc. (NASDAQ: TSYS), concerning the proposed acquisition of TeleCommunication by Comtech Telecommunications Corp. (NASDAQ: CMTL). TeleCommunication shareholders seeking more information about this acquisition can contact Carl L. Stine at (212) 759-4600 or cstine@wolfpopper.com.

The investigation concerns whether TeleCommunication's directors are breaching their fiduciary duties by failing to adequately maximize shareholder value.  Under the terms of the proposed transaction, TeleCommunication's shareholders will receive $5.00 per share in cash for each TeleCommunication share they own.  However, the offer price is below the median analyst price target of $5.25 per share.    

Wolf Popper LLP has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation.  Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2015 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area.  View Wolf Popper attorney biographies at www.wolfpopper.com.

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Wolf Popper LLP 845 Third Avenue New York, New York 10022 Telephone: 212-759-4600 Toll Free Tel: 877-370-7703 Toll Free Fax: 877-370-7704 Email: cstine@wolfpopper.com

 

SOURCE Wolf Popper LLP



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