Duff & Phelps Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
Investigate Sale to Private Equity Firms
DALLAS -- December 31, 2012
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Duff & Phelps Corporation (“Duff”) (NYSE: DUF) to a
consortium of private equity firms for shareholders. Under the terms of the
proposed deal valued at approximately $665.5 million, Duff shareholders will
only receive $15.55 in cash for each share of Duff stock owned, well below at
least one analyst’s estimated value of $24.00 per share and the 52 week high
of $16.50 per share.
If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Zach Groover at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at firstname.lastname@example.org or Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Duff sale investigation centers on whether Duff’s shareholders are
receiving adequate compensation for their shares in the buyout, whether the
transaction undervalues Duff’s stock, and whether Duff’s board attempted to
obtain the highest share price for all shareholders prior to agreeing to the
deal. Notably, according to at least one analyst with Yahoo! Finance, the true
inherent value of Duff could be as high as $24.00 per share. Shareholder
rights attorney Willie Briscoe stated that “due to the proposed sale price,
the size of the deal and other factors, we believe that this transaction may
undervalue Duff’s stock. Our lawsuit will seek to obtain the highest share
price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.
Powers Taylor, LLP
Zach Groover, 877-728-9607
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
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