Diamond Management & Technology Consultants, Inc Merger Litigation (Nasdaq: DTPI)
Law Office of Brodsky & Smith, LLC Announces Investigation of Diamond Management & Technology Consultants, Inc.
BALA CYNWYD – (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 – News) 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 an analyst placed a $14.00 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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