The Law Office Of Abe Shainberg Is Investigating Possible Breaches Of Fiduciary Duty In Connection With The Management Led Buyout Of Henry Bros Electronics, Inc. To Kratos Defense & Security Solutions, Inc. - KTOS
The Law Office of Abe Shainberg is investigating the management-led buyout of Henry Bros Electronics, Inc. by Kratos Defense & Security Solutions, Inc. (“Kratos”) (NasdaqGS:KTOS). Under the terms of the transaction, Kratos will pay $7.00 in cash for each share of Henry Bros common stock, for a total transaction value of approximately $45 million. It appears, however, that as a result of the controlling interest of management of Henry Bros, consummation of the proposed transaction is all but assured.
The investigation concerns whether the Henry Bros’ Board of Directors breached their fiduciary duties to adequately shop the Company before entering into this transaction, whether Kratos is underpaying for Henry Bros shares, and whether Kratos is aiding and abetting any breaches of fiduciary duties.
If you own common stock in Kratos or Henry Bros Electronics and wish to obtain additional information, please contact Abe Shainberg, Esq. directly, via email at firstname.lastname@example.org, by telephone at 212.425.7268, or visit http://www.ashainberglaw.com/henrybros-hbe.html.
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.
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