Dec. 13, 2012
/PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of TNS, Inc. ("TNS" or the "Company") (NYSE: TNS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Siris Capital Group.
Click here to learn more about the investigation:
, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, TNS shareholders will receive
per share of TNS stock they own. The transaction has a total approximate value of
. The investigation concerns whether the TNS Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Siris Capital Group is underpaying for TNS shares, thus unlawfully harming TNS stockholders. In particular, TNS stock traded above the offer price as recently as
April 12, 2012
, and at least one analyst set a price target for TNS stock at
If you own common stock in TNS and wish to obtain additional information, please contact
Joseph E. Levi, Esq.
either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in
and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY
10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP