Abraham, Fruchter & Twersky, LLP Announces
Investigation of GTSI Corporation
February 11, 2011 11:24 AM Eastern Time
NEW YORK--(EON: Enhanced Online News)--Abraham, Fruchter & Twersky, LLP has commenced an
investigation of GTSI Corporation (“GTSI” or the “Company”) (NASDAQ:GTSI) for possible violations of federal
securities laws on behalf of purchasers of GTSI common stock purchasers between the period of January 1, 2007
through October 1, 2010 (the time period) regarding possible violations of federal securities laws.
More specifically, the firm is investigating whether certain statements issued by the Company during the time period
regarding GTSI’s business, operations and prospects were materially false and misleading. On October 1, 2010,
GTSI disclosed that the Company received notice from the U.S. Small Business Administration (SBA) informing
them that GTSI was temporarily suspended from federal government contracting and from directly or indirectly
receiving the benefits of federal assistance programs. The notice indicated that the suspension concerned allegations
that “GTSI was an active participant in a scheme that resulted in contracts set aside from small businesses being
awarded to ineligible contractors.” On October 19, 2010, GTSI announced an agreement with the SBA to lift the
temporary suspension, and that the Company agreed to “immediately cease working with small businesses serving as
If you own shares of GTSI and would like to discuss this action, or if you have any questions concerning this notice
or your rights as a potential class member or lead plaintiff, you may contact: Jack Fruchter or Arthur J. Chen of
Abraham, Fruchter & Twersky, LLP toll free at (800) 440-8986, or via e-mail at firstname.lastname@example.org or
Abraham, Fruchter & Twersky, LLP has extensive experience in securities class action cases, and the firm has been
ranked among the leading class action law firms in terms of recoveries achieved by a survey of class action law firms
conducted by Institutional Shareholder Services.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
Abraham, Fruchter & Twersky, LLP
Jack G. Fruchter / Arthur J. Chen, 800-440-8986