Faruqi & Faruqi, LLP Announces Investigation Related to the Acquisition of Diamond Management & Technology Consultants, Inc. ...
2010年9月8日 - 1:36AM
ビジネスワイヤ(英語)
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Diamond Management & Technology Consultants, Inc.
(“Diamond” or the “Company”) (NasdaqGS: DTPI) for potential
breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to PricewaterhouseCoopers LLP
(“PricewaterhouseCoopers”). The proposed transaction offers Diamond
shareholders to only receive $12.50 in cash for each share they
own. According to Thomson/First Call, at least one financial
analyst values Diamond’ common stock at $14.00 per share.
Whether the Diamond’ Board of Directors breached their fiduciary
duties to Diamond’ stockholders by failing to conduct an adequate
and fair sales process to sell the Company prior to agreeing to
this proposed transaction, whether the proposed transaction
undervalues Diamond shares and by how much this proposed
transaction undervalues the Company to the detriment of Diamond
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 Diamond and wish to obtain additional
information, please visit us at www.faruqilaw.com/diamond 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.
Contact:
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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