Faruqi & Faruqi, LLP Announces Investigation of Stream Global Services, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating and monitoring the conduct of the Board of Directors of Stream Global Services, Inc. (“Stream Global” or the “Company”) (NYSE/AMEX: SGS) in relation to the receipt of a proposal from Trillium Capital LLC (“Trillium”), the current owner of approximately 4.6% of the Company’s outstanding common stock, to acquire Stream Global in a “going private” transaction for $4.65 per share in cash. Trillium would also assume or replace Stream Global’s $200 million high yield bonds due 2014.

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Whether Stream Global’s Board of Directors is acting in accordance with their fiduciary duties to Stream Global’s stockholders to conduct an adequate and fair sales process to sell the Company, whether the proposed transaction undervalues Stream Global’s shares, whether Stream Global’s Board of Directors is adequately negotiating a price increase for the proposed transaction, and by how much this proposed transaction undervalues the Company to the detriment of Stream Global’s shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Stream Global and wish to obtain additional information, please visit us at www.faruqilaw.com/SGS or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Stream Global Services, (AMEX:SGS)
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