Faruqi & Faruqi, LLP Announces Investigation of DDi Corp.
April 04 2012 - 4:05PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of DDi Corp. (“DDi” or the “Company”) (NASDAQ: DDIC) for
potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to Viasystems Group,
Inc. (NASDAQ: VIAS) in an all-cash transaction valued at about $282
million, or $268 million net of DDi’s cash plus debt assumed. Under
the terms of the proposed transaction, DDi’s shareholders will
receive $13.00 in cash for each share of DDi common stock they
own.
Request more information now by clicking here:
www.faruqilaw.com/DDIC. There is no cost or obligation to you.
Whether DDi’s Board of Directors breached their fiduciary duties
to the Company’s stockholders by failing to conduct an adequate and
fair sales process prior to agreeing to this proposed transaction,
whether the proposed transaction undervalues DDi’s shares and by
how much this proposed transaction undervalues the Company to the
detriment of DDi’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, throughout 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 DDi and wish to obtain additional
information and protect your investment free of charge, please
visit us at www.faruqilaw.com/DDIC 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.
Attorney Advertising. (C) 2012 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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