Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Duff & Phelps Corporation’s Proposed Acquisition

  Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of
  Duff & Phelps Corporation’s Proposed Acquisition by The Carlyle Group and
  Others

Business Wire

SAN DIEGO -- December 31, 2012

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether
members of the board of directors of Duff & Phelps (NYSE: DUF) breached their
fiduciary duties in connection with the proposed acquisition by a group of
investors and certain Duff & Phelps officers. The investor group is comprised
of The Carlyle Group, Stone Point Capital, Pictet & Cie and Edmond de
Rothschild Group.

On December 31, 2012, the investor group announced that they had entered into
definitive merger agreements to acquire DUF for $15.55 a share.

The investigation will determine whether DUF’s Board of Directors breached
their fiduciary duties to stockholders by failing to satisfactorily shop the
Company before entering into this agreement. One analyst’s price target for
DUF stock is $24.00 per share which is nearly 36% higher than the $15.50
offered by the investor group. Jim Baker, lead analyst for Johnson & Weaver,
stated that, “The investor group’s offer appears to be lower than I would
expect based on market valuation.” Baker continued, “Duff and Phelps’ stock
trades at a relatively low PE ratio and revenues and earnings are expected to
grow substantially next year.”

If you are a DUF shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact attorney Brett
Weaver (brettw@johnsonandweaver.com) at 619-230-0063.

Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law
firm. The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com.

Contact:

Johnson & Weaver, LLP
Brett Weaver, 619-230-0063
brettw@johnsonandweaver.com
 
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