Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduci ary Duty by the Board of Integral Systems

, Inc Levi & Korsinsky is investigating the Board of Directors of Integral Systems, In c. (Nasdaq: ISYS) for possible breaches of fiduciary duty and other violations o f state law in connection with the sale of the Company to Kratos Defense & Secur ity Solutions Inc.

New York, NY, May 17, 2011 -- Levi & Korsinsky is investigating the Board of Dir ectors of Integral Systems, Inc. (â Integral Systemsâ or the â Companyâ ) (Nasdaq: ISY le breaches of fiduciary duty and other violations of state law in connection wi th the sale of the Company to Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS). Under the terms of the transaction, Integral Systems shareholders will r eceive $5.00 in cash and 0.588 shares of Kratos common stock per share of Integr al Systems stock they own, for an implied share value of approximately $13.00. The transaction has a total value of approximately $225 million. Click here to learn how to join the action: http://zlk.9nl.com/integral-systems/ , or call: 877-363-5972. The investigation concerns whether the Integral Systems Board of Directors breac hed their fiduciary duties to Integral Systems stockholders by failing to adequa tely shop the Company before entering into this transaction and whether Kratos D efense & Security Solutions Inc. is underpaying for Integral Systems shares, thu s unlawfully harming Integral Systems stockholders. In particular, Integral Syst ems stock traded as high as $13.67 per share as recently as May 11, 2011. If you own common stock in Integral Systems and wish to obtain additional inform ation, 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.9 nl.com/integral-systems/. Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents invest ors throughout the nation, concentrating its practice in securities and sharehol der litigation. The attorneys at Levi & Korsinsky have been appointed by numero us courts throughout the country to serve as lead counsel on behalf of sharehold ers in major litigations involving mergers and acquisitions. For more informati on, please feel free to contact any of the attorneys listed below. Attorney adve rtising. Prior results do not guarantee similar outcomes. Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Br oad Street - 15th Floor , New York, NY 10004, Tel: (212) 363-7500, Toll Free: ( 877) 363-5972, Fax: (212) 363-7171, http://www.zlk.com Contact: Joanna Chlebus Levi & Korsinsky, LLP 30 Broad St 15th Floor New York, NY 10004 212-363-7500 jchlebus@zlk.com http://www.zlk.com

Sign up to vote on this title
UsefulNot useful