The Rosen Law Firm, P.A. is investigating the Board of Directors of XRS Corporation (NASDAQ: XRSC) for possible breaches of fiduciary duties and other violations of law by failing to adequately shop XRS Corporation to maximize shareholder value before entering into a definitive agreement to be acquired by Omnitracs, LLC, a private company.

If you would like to join the action go to or please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at or There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive $5.60 in cash for each share of XRS Corporation common stock they own. The transaction is valued at $178 million. The investigation relates to whether the transaction is fair to public shareholders and whether XRS Corporation’s Board of Directors breached its fiduciary duties in connection with the transaction.

If you currently own XRS Corporation and wish to obtain additional information, please visit the website at You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at or

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Copyright Business Wire 2010