Tessco Technologies, Inc. Merger Litigation (Nasdaq: TESS)

Law Office of Brodsky & Smith, LLC Announces Investigation of Tessco Technologies, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) 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 – News) 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 investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

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