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XRS Corp (NASDAQ:XRSC) Investor Files Lawsuit Against Acquisition By Omnitracs, LLC

  • If you purchased shares of XRS Corp (NASDAQ:XRSC) and currently hold any of those NASDAQ:XRSC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

September 30, 2014 (Shareholders Foundation) - An investor, who currently holds shares of XRS Corp (NASDAQ:XRSC), filed a lawsuit in effort to halt the proposed takeover of XRS by Omnitracs, LLC for $5.60 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:XRSC stockholders by agreeing to sell XRS Corp. too cheaply via an unfair process...



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