WAYNE, Pa.,
Aug. 27, 2013 /PRNewswire/ -- Ryan
& Maniskas, LLP is investigating potential claims against the
board of directors of Globecomm Systems Inc. ("Globecomm" or the
"Company") (NASDAQ: GCOM) concerning possible breaches of fiduciary
duty and other violations of law related to the Company's efforts
to sell the Company to an affiliate of Wasserstein & Co. in a
transaction valued at approximately $340
million.
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If you own shares of Globecomm would like to learn more
about these claims or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/gcom.
You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com.
Our investigation concerns possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Globecomm for not acting in the Company's shareholders' best
interests in connection with the sale process.
Under the terms of the agreement, shareholders of Globecomm will
receive $14.15 per share in cash for
each share of Globecomm they own.
Ryan & Maniskas, LLP is a national shareholder
litigation firm. Ryan & Maniskas, LLP is
devoted to protecting the interests of individual and institutional
investors in shareholder actions in state and federal courts
nationwide.
CONTACT: Ryan &
Maniskas,
LLP
Richard
A. Maniskas,
Esquire
995
Old Eagle School Rd., Suite
311
Wayne,
PA
19087
877-316-3218
www.rmclasslaw.com/cases/gcom
rmaniskas@rmclasslaw.com
SOURCE Ryan & Maniskas, LLP