Law Firm Brower Piven Announces Investigation of Globecomm Systems, Inc. Proposed Buyout

STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Globecomm Systems, Inc. (“Globecomm” or the “Company”) (NASDAQ: GCOM) and other violations of state law by the board of directors of Globecomm relating to the proposed buyout of the Company by an affiliate of Wasserstein & Co. The firm’s investigation seeks to determine, among other things, whether the board of directors of Globecomm breached their fiduciary duties by failing to maximize shareholder value.