Finkelstein Thompson LLP is investigating potential claims on behalf of
shareholders of GTSI Corp. (“GTSI” or “the Company”) (Nasdaq: GTSI).
On May 7, 2012, GTSI announced that it had agreed to be acquired by
UNICOM Systems, Inc. in a cash tender offer worth approximately $77
million. Under the terms of the proposed transaction, the Company’s
shareholders would receive $7.75 in cash for each share of common stock
they own. This announcement occurred a year and a half after the
Company’s October 1, 2010 announcement that it had been suspended from
federal contracting by the Small Business Administration amid
allegations that “GTSI was an active participant in a scheme that
resulted in contracts set aside for small businesses being awarded to
ineligible contractors.” On October 19, 2010, GTSI agreed to cease
working with small businesses serving as prime contractors in exchange
for the lifting of the suspension.
Plaintiffs are investigating what rights GTSI shareholders might have in
connection with either the Merger or GTSI’s earlier actions. If you are
interested in discussing your rights as a GTSI shareholder, or have
information relating to this investigation, please contact Finkelstein
Thompson's Washington, DC offices at (877) 337-1050 or by email at email@example.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-lead counsel
in dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
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