Law Office of Brodsky & Smith, LLC Announces
Investigation of Tessco Technologies, Inc.
September 23, 2010 05:42 PM Eastern Daylight Time
BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it
is investigating potential claims against the Board of Directors of Tessco Technologies, Inc. (“Tessco” or the
“Company”) (Nasdaq:TESS) relating to the proposed offer to acquire Tessco by minority shareholder Discovery
Group. In a letter sent to the Tessco Board of Directors, Discovery Group, which owns approximately a 13.8 stake
in Tessco, offered to purchase the remaining shares of Tessco for $15.50 per share.
The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the
proposed transaction. The proposed transaction appears to be unfair, in part, given that Tessco stock was trading at
$18.28 a share as recently as June 1, 2010 and traded at $15.94 a share on March 19, 2010.
If you own shares of Tessco and wish to discuss the legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire