SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Bo...
January 17 2013 - 3:41PM
Marketwired
Levi & Korsinsky notifies investors of Duff & Phelps ("Duff
& Phelps" or the "Company") (NYSE: DUF) of claims of breaches
of fiduciary duty and other violations of state law against the
board of directors of the Company 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. A complaint was filed in New York state court.
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 claims
concern, 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
Duff & Phelps Corp. Class A (NYSE:DUF)
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