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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Board of ITC DeltaCom

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Levi & Korsinsky is investigating the Board of Directors of ITC DeltaCom, Inc. (“DeltaCom” or the “Company”) (OTC:ITCD.OB) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to EarthLink, Inc.

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									The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the
Board of ITC DeltaCom

Levi & Korsinsky is investigating the Board of Directors of ITC DeltaCom,
Inc. (“DeltaCom” or the “Company”) (OTC:ITCD.OB) for possible breaches of
fiduciary duty and other violations of state law in connection with their
attempt to sell the Company to EarthLink, Inc.

New York, NY, October 07, 2010 -- Levi & Korsinsky is investigating the
Board of Directors of ITC DeltaCom, Inc. (“DeltaCom” or the “Company”)
(OTC:ITCD.OB) for possible breaches of fiduciary duty and other
violations of state law in connection with their attempt to sell the
Company to EarthLink, Inc. (“EarthLink”) (NasdaqGS:ELNK). Under the terms
of the transaction, DeltaCom shareholders will be entitled to receive
$3.00 in cash for each share they own. The transaction is valued at
approximately $516 million, including assumption of $325 million in debt.

Click here to learn how to join the action: http://www.zlk.com/deltacom-
itcd.html, or call: 877-363-5972.
The investigation concerns whether the DeltaCom Board of Directors
breached their fiduciary duties to DeltaCom stockholders by failing to
adequately shop the Company before entering into this transaction and
whether EarthLink is underpaying for DeltaCom shares, thus unlawfully
harming DeltaCom stockholders.

If you own common stock in DeltaCom 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://www.zlk.com/deltacom-itcd.html.

Levi & Korsinsky has expertise in prosecuting investor securities
litigation and extensive experience in actions involving financial fraud
and represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation. The attorneys at Levi
& Korsinsky have been appointed by numerous courts throughout the country
to serve as lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please feel
free to contact any of the attorneys listed below.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky,
Esq., 30 Broad Street - 15th Floor,
New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax:
(212) 363-7171, http://www.zlk.com


Contact:
Jared Morine
Levi & Korsinsky, LLP
30 Broad Street, 15th Floor
New York, NY 10004
212-363-7500
jmorine@zlk.com
http://www.zlk.com

								
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