The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of ATS Corporation in Connection with the Sale of the Company to Salient Federal Solutions, Inc.

Published on Wednesday, 22 February 2012 20:06 Written by TradersHuddle Staff

NEW YORK-( Business Wire )-

Levi & Korsinsky is investigating the Board of Directors of ATS Corporation (“ATS” or the “Company”) (NYSE: ATSC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Salient Federal Solutions, Inc. Under the terms of the agreement, ATS shareholders will receive $3.20 for each share of ATS stock they own. The transaction has a total approximate value of $77 million.

Click here to learn how to join the action: http://www.zlk.com/ats-corporation-atsc, or call: 877-363-5972. There is no cost or obligation to you.

The investigation concerns whether the ATS Board of Directors breached their fiduciary duties to ATS stockholders by failing to adequately shop the Company before entering into this transaction and whether Salient Federal Solutions, Inc. is underpaying for ATS shares, thus unlawfully harming ATS stockholders. In particular, ATS stock traded as high as $3.42 per share as recently as December 5, 2011.

If you own common stock in ATS and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. or by telephone at (212) 363-7500, toll-free: (877) 363-5972, http://www.zlk.com.

Levi & Korsinsky has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 15th FloorNew York, NY 10004Tel: 212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com