The Law Office of Joseph Klein is investigating the Board of Directors of ExpressJet Holdings Inc. (NYSE: XJT) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to SkyWest Inc. (NasdaqGS: SKYW). Under the terms of the deal, ExpressJet shareholders will receive $6.75 in cash for each share they own for a total transaction value of approximately $133 million.

The investigation concerns whether the ExpressJet Board of Directors breached their fiduciary duties to ExpressJet stockholders by failing to adequately shop the Company before entering into this transaction and whether SkyWest in underpaying for ExpressJet. At least one analyst set a price target for ExpressJet stock at $8.00 per share and the Company reported a book value of $11.18 per share.

If you own common stock in ExpressJet and wish to obtain additional information about this investigation and what is being done to advance the interests of the shareholders, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/expressjet-holdings.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

Expressjet (NYSE:XJT)
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