INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Of Orbital Sciences Corp. And Its Board Of Directors In Connection With The Sale Of The Company To Alliant Techsystems, Inc.

Levi & Korsinsky is investigating the Board of Directors of Orbital Sciences Corp. (“Orbital” or “the Company”) (Nasdaq:ORB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Alliant Techsystems, Inc. (“Alliant”).

Click here to learn more about the investigation: http://zlk.9nl.com/orbital-orb, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Alliant will first spin-off its valuable Outdoor Sports Group. Following the spin-off, Orbital shareholders will receive 0.449 shares of the remaining assets of Alliant for each share of Orbital stock they own. Following the merger the co-founder of Orbital will serve as the President and CEO of the merged company. The investigation concerns whether the Orbital Board of directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Alliant is underpaying for Orbital shares.

If you own Orbital common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/orbital-orb.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Copyright Business Wire 2010

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