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TeleCommunication Systems Inc. (TSYS)

NasdaqGS:TSYS

Summary

Faruqi & Faruqi, LLP Announces the Investigation of TeleCommunication Systems Inc. (TSYS) Over the Proposed Sale of the Company to Comtech Telecommunications Corp.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TeleCommunication Systems Inc. (“TeleCommunication” or the “Company”) (NasdaqGS:TSYS) for potential breaches of fiduciary duties in connection with the sale of the Company to Comtech Telecommunications Corp. for approximately $430.8 million in a cash transaction. 

The Company’s stockholders will only receive $5.00 for each share of TeleCommunication common stock they own. However, at least one analyst has set a price target for TeleCommunication stock at $6.00 per share.

If you own common stock in TeleCommunication and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

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Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    TeleCommunication Systems Inc. (TSYS)
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Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 12/01/2015

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