The Law Office of Abe Shainberg Announces the Initiation of an Investigation into the Possible Breaches of Fiduciary Duty by ...
25 August 2010 - 9:51AM
Business Wire
The Law Office of Abe Shainberg is investigating the Board of
Directors of Diamond Management & Technology Consultants, Inc.
("DTPI") (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 for a total transaction value of approximately $378
million.
The investigation concerns whether the DTPI Board of Directors
breached their fiduciary duties to DTPI stockholders by not
adequately shopping the Company and whether PricewaterhouseCoopers
is underpaying for DTPI shares. The median price target for DTPI
stock set by analysts is $13.00 per share with one analyst setting
a price target of $14.00 per share.
If you own common stock in DTPI and wish to obtain additional
information, please contact Abe Shainberg, Esq. directly, via email
at as@ashainberglaw.com, by telephone at 212.425.7268, or visit
http://www.ashainberglaw.com/dtpi.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various
matters nationwide.
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