NEW YORK, April 17, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of Entrust, Inc. ("Entrust" or the "Company") (Nasdaq:ENTU) arising out of their attempt to sell the Company to Thoma Bravo LLC. Under the terms of the proposal, Entrust shareholders will receive $1.85 for every Entrust share they own. The transaction is unfair given that, among other things, the Company's shares traded above $2.00 per share as recently as October 2008 and analysts set a mean price target of $3.23 per share.
If you own common stock in Entrust and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/entu.html
L&K has experience in prosecuting investor securities litigation and an extensive practice in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.