The Law Offices of Vincent Wong Announces an Investigation into the Possible Breaches of Fiduciary Duty by the Board of Diamo...
August 25 2010 - 10:16PM
Business Wire
The Law Offices of Vincent Wong is investigating the board of
Diamond Management & Technology Consultants, Inc. ("Diamond")
(NasdaqGS: DTPI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the company
to PricewaterhouseCoopers LLP for $12.50 in cash per share. The
total transaction value is approximately $378 million.
The investigation concerns whether the Diamond Board of
Directors breached their fiduciary duties to Diamond stockholders
by not adequately shopping the Company and whether
PricewaterhouseCoopers is underpaying for Diamond shares. According
to Thompson/First Call, at least one analyst has set a $14.00 price
target for Diamond shares.
If you own common stock in Diamond and wish to obtain additional
information about this investigation and what is being done to
advance the shareholders’ interests, please contact Vincent Wong,
Esq. directly, via email at vw@wongesq.com, by telephone at
212.584.2740, or visit
http://www.wongesq.com/diamond-management-dtpi.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights.
Diamond Management & Technology Consultants, Inc. (MM) (NASDAQ:DTPI)
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