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Kendall Law Group Investigating Psychiatric Solutions Merger for Shareholders

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^{Published in Health and Fitness on Tuesday, May 18th 2010 at 6:00 GMT by Market Wire}  

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ] is investigating the Psychiatric Solutions, Inc. (NASDAQ: PSYS) acquisition by Universal Health Services for shareholders. The national securities litigation firm is investigating whether a fair process was used prior to entering into the merger agreement and whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company. PSYS shareholders with information to contribute or questions about the firma™s investigation are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].

On May 17, 2010, PSYS announced that it had entered into an agreement to be acquired by Universal through a cash offer of $33.74 per share, a paltry 3.4% premium over the last trading daya™s closing price. The $3.1 billion transaction is expected to move quickly. The firma™s investigation concerns whether this transaction, properly values the company. Additionally, the United States Department of Justice is investigating whether senior executives at Psychiatric Solutions violated the law when they granted themselves more stock options before putting the company on the auction block.

Kendall Law Group, founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.