NEW YORK, April 24, 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 SumTotal Systems Inc. ("SumTotal" or the "Company") (Nasdaq:SUMT) arising out of their attempt to sell the Company to Accel-KKR for $3.80 per share. The transaction is unfair given that, among other things, the Company's shares traded as high as $4.60 per share as recently as October 2008, the Company has more than $1.50 per share in cash and the median share price target set by analysts is $4.50. If you own common stock in SumTotal and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/sumt.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.