SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Dial Global, Inc.

Sep 04, 2013, 18:00 ET from Brodsky & Smith, LLC

BALA CYNWYD, Pa., Sept. 4, 2013 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Dial Global, Inc. ("Dial Global" or the "Company") (OTC MKTS: DIAL) relating to the proposed acquisition by Cumulus Media, Inc. ("Cumulus Media").

Click here to learn more about the investigation, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Dial Global shareholders will receive only $0.155 in cash for each share of Dial stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Dial Global for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as the purchase price was not even enough to fully cover Dial Global's debts and preferred stock liquidation preferences.

If you own shares of Dial 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, by visiting, 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. 

SOURCE Brodsky & Smith, LLC