DFC Global Corp. Merger Litigation (Nasdaq: DLLR)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of DFC Global Corp. - DLLR
BALA CYNWYD, April 2, 2014 /PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of DFC Global Corp. (“DFC Global” or the “Company”) (Nasdaq –DLLR-News) relating to the proposed acquisition by Lone Star Funds (“Lone Star”).
Under the terms of the transaction, DFC Global shareholders will receive only $9.50 in cash for each share of DFC Global stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DFC Global for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue the Company and would result in a substantial loss for many long term holders of DFC Global stock. DFC Global traded at $19.90 per share as recently as February 14, 2013 and an analyst has set a $15.00 per share price target on DFC Global stock.
If you own shares of DFC Global common stock 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 email@example.com, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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