Shareholders purchasing SRA International (NYSE: SRX) shares prior to April 1, 2011 may have potential claims against the board of directors of the company concerning possible breaches of fiduciary duty and other violations of law related to the company’s merger agreement to be taken private by Providence Equity Partners for $31.25/share in cash or approx. $1.88 billion.
SRA Founder and Chairman, Ernst Volgenau
Ernst Volgenau owns a total of approximately 11.8 million shares of SRA Class A and Class B common stock, representing 21% of total shares outstanding and 71% of voting rights, has already agreed to vote his shares for approval of the merger.
Guiliano Law Group
If you have been the victim of securities fraud you should consult with an attorney. The practice of Nicholas J. Guiliano, Esq., and The Guiliano Law Group, P.C., is limited to the representation of investors in claims for fraud in connection with the sale of securities, the sale or recommendation of excessively risky or unsuitable securities, breach of fiduciary duty, and the failure to supervise. We accept representation on a contingent fee basis, meaning there is no cost unless we make a recovery for you, and there is never any charge for a consultation or an evaluation of your claim. For more information contact us at (877) SEC-ATTY.