SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP
Announces Investigation into Possible Breaches of Fiduciary Duty by
the Board of Duff & Phelps in Connection with a Proposed Going
Private Transaction
NEW YORK, Jan. 2, 2013 /PRNewswire/ -- Levi & Korsinsky
is investigating the Board of Directors of Duff & Phelps ("Duff
& Phelps" or the "Company") (NYSE: DUF) for possible breaches
of fiduciary duty and other violations of state law in connection
with a going private proposal from a consortium that includes The
Carlyle Group, Stone Point Capital LLC, Pictet & Cie and Edmond
de Rothschild Group.
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO)
Click here to learn how to join the action:
http://zlk.9nl.com/duffandphelps-duf/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, the consortium
would acquire the outstanding shares of Duff & Phelps it does
not currently own for a value of $15.55 per share. The transaction has a total
approximate value of $665.5 million.
The investigation concerns, among other things, whether the
proposed consideration to be paid to Duff & Phelps shareholders
is unfair, inadequate, and substantially below the fair or inherent
value of Duff & Phelps. In particular, at least one analyst set
a price target for Duff & Phelps stock at $24 per share.
If you own common stock in Duff & Phelps and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://zlk.9nl.com/duffandphelps-duf/.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
The attorneys at Levi & Korsinsky have been appointed by
numerous courts throughout the country to serve as lead counsel on
behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP
