Kendall Law Group, a national securities litigation firm, is investigating Protection One, Inc. (NASDAQ:PONE) on behalf of shareholders after the announcement of a merger agreement between the Company and affiliates of GTCR. The firm is investigating whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the company and whether a fair process was used in shopping the company prior to entering into the agreement. Protection One shareholders, and anyone else with knowledge of the transaction, are encouraged to contact the Kendall Law Group by email at skendall@kendalllawgroup.com or 877-744-3728.

On April 26, 2010, the companies announced that they had reached an agreement for Protection One to be acquired and become a private company, wholly owned by an affiliate of GTCR. The $828 million transaction is expected to close in the second quarter of 2010. According to the agreement, PONE shareholders will receive $15.50 in cash per share owned, which represents 13% over the closing price on April 23, 2010. Affiliates of Quadrangle Group LLC and Monarch Capital Partners, who hold approximately 70% of the Protection One’s outstanding shares, have executed a tender and support agreement, giving other shareholders very little say in the matter.

Kendall Law Group was founded by a former federal judge, and includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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