Company News »

DRESSER-RAND GROUP INC. INVESTOR ALERT: Levi & Korsinsky, LLP Investigates the Board of Directors of Dresser-Rand Group Inc. In Connection With the Sale of the Company to Siemens AG — DRC

Business Wire
Share on StockTwits
Published on

Levi & Korsinsky is investigating the Board of Directors of Dresser-Rand Group Inc. (“Dresser-Rand” or “the Company”) (NYSE:DRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Siemens AG.

Click here to learn more about the investigation: http://zlkdocs.com/DRC-Info-Request-Form_ma-2197, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Dresser-Rand shareholders will receive $83 for each share of Dresser-Rand common stock they own. The transaction has a total approximate value of $7.6 billion. The investigation concerns whether the Board of Dresser-Rand breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Siemens AG is underpaying for Dresser-Rand shares.

If you own Dresser-Rand common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlkdocs.com/DRC-Info-Request-Form_ma-2197.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Share on StockTwits


Iron FX 1.11156/1.11128 2.8
XM Markets 1.09948/1.09928 2
FxPro 1.10184/1.10171 1.3
FXCM 1.13943/1.13912 3.1