Law Office of Brodsky & Smith, LLC Announces Investigation of Diamond Management & Technology Consultants, Inc.
25 August 2010 - 9:47PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Diamond Management & Technology Consultants, Inc. (“Diamond” or
the “Company”) (Nasdaq: DTPI) relating to the proposed acquisition
by PricewaterhouseCoopers LLP.
Under the terms of the offer, Diamond shareholders would receive
cash of $12.50 for each share of Diamond stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law. The transaction appears to be
unfair, in part, given that Diamond stock was trading at $11.36 a
share as recently as June 17, 2010 and, according to Yahoo!
Finance, an analyst placed a $14.00 per share target price on the
Company.
If you own shares of Diamond and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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