WILMINGTON, Del., April 11, 2014 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of DFC Global Corp. (NASDAQ GS: DLLR)?
- Did you purchase any of your shares prior to April 2, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of DFC Global Corp. ("DFC" or the "Company") (NASDAQ GS: DLLR) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by an affiliate of Lone Star Funds ("Lone Star"), in a transaction valued at approximately $1.3 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/dfc-global-corp-dllr.
Under the terms of the agreement, public shareholders of DFC will receive $9.50 per share in cash for each share of DFC they own.
The investigation concerns whether DFC's board of directors failed to adequately shop the Company and obtain the best possible value for DFC's shareholders before entering into an agreement with Lone Star. According to Yahoo! Finance, at least one analyst has issued a price target for DFC stock at $15.00 per share.
If you own the common stock of DFC and purchased your shares before April 2, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803, by telephone at (888) 969-4242; by e-mail to [email protected]; or at: http://www.rigrodskylong.com/investigations/dfc-global-corp-dllr.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation, and corporate governance litigation on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Rigrodsky & Long, P.A.