NEW YORK, June 13, 2011 (GLOBE NEWSWIRE) -- Levi & Korsinsky is investigating the Board of Directors of EMS Technologies Inc. ("EMS" or the "Company") for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Honeywell International Inc. Under the terms of the transaction, EMS shareholders will receive $33.00 in cash per share of EMS stock they currently own. The transaction has a total value of approximately $491 million.
Click here to learn how to join the action: http://zlk.9nl.com/ELMG-Classaction, or call: 877-363-5972.
The investigation concerns whether the EMS Board of Directors breached their fiduciary duties to EMS stockholders by failing to adequately shop the Company before entering into this transaction and whether Honeywell International Inc. is underpaying for EMS shares, thus unlawfully harming EMS stockholders.
If you own common stock in EMS and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/ELMG-Classaction.
Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.