EQUITY ALERT: Rosen Law Firm Announces Investigation of Dresser-Rand Group Inc. Concerning its Proposed Sale to Siemens
The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Dresser-Rand Group Inc. (NYSE:DRC) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Dresser-Rand to maximize shareholder value before agreeing to be acquired by Siemens.
If you would like to join the action, go to http://rosenlegal.com/cases-370.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at email@example.com or firstname.lastname@example.org. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive $83.00 in cash for each share of Dresser-Rand they own. The proposed transaction is valued at approximately $7.6 billion. The investigation relates to whether the proposal for $83.00 in cash per share is fair to public shareholders and whether Dresser-Rand’s Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Dresser-Rand and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-370.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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