Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Omni Energy Services Corp. - OMNI

Levi & Korsinsky is investigating the Board of Directors of Omni Energy Services Corp. (“Omni” or the “Company”) (NasdaqGS: OMNI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Wellspring Capital Management LLC ("Wellspring"). Under the terms of the transaction, Omni shareholders will receive $2.75 in cash for each Omni share of common stock they own for a total transaction value of approximately $122 million.

The investigation concerns whether the Omni Board of Directors breached their fiduciary duties to Omni stockholders by failing to adequately shop the Company before entering into this transaction and whether Wellspring is underpaying for Omni shares, thus unlawfully harming Omni stockholders. In particular, Omni stock traded as high as $3.95 per share as April 29, 2010.

If you own common stock in Omni and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone] or visit http://www.zlk.com/omni-energy-services-omni.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.