Levi & Korsinsky, LLP Investigates the Board of ICx Technologies, Inc.

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Levi & Korsinsky is investigating the Board of Directors of ICx Technologies, Inc.
ICXT
for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to FLIR Systems Inc.
FLIR
. Under the terms of the transaction, ICXT shareholders will receive $7.55 in cash for each ICXT share of common stock they own for a total transaction value of approximately $274 million. The investigation concerns whether the ICXT Board of Directors breached their fiduciary duties to ICXT stockholders by failing to adequately shop the Company before entering into this transaction and whether FLIR is underpaying for ICXT shares, thus unlawfully harming ICXT stockholders. In particular, ICXT stock traded in excess of $8.00 per share as recently as July 28, 2010 and the mean target price for ICXT stock set by analysts is $9.00 per share with at least one analyst setting a price target of $10.00 per share.
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