SHAREHOLDER ALERT: Brower Piven Announces the Investigation of DIRECTV in Connection with the Proposed Sale of the Company to

  SHAREHOLDER ALERT: Brower Piven Announces the Investigation of DIRECTV in
  Connection with the Proposed Sale of the Company to AT&T, Inc.

Business Wire

STEVENSON, Md. -- May 28, 2014

The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of DIRECTV (“DIRECTV” or the “Company”)
(NasdaqGS: DTV) and other violations of state law by the board of directors of
DIRECTV relating to the proposed buyout of the Company by AT&T, Inc. (“AT&T”).

Under the terms of the transaction, DIRECTV shareholders will receive $28.50
in cash and 1.905 shares of AT&T common stock for each share of DIRECTV stock
they own, representing a value of approximately $95.00 per share. According to
Yahoo! Finance, at least one analyst following DIRECTV has set a target price
of $100 per share.

The firm’s investigation seeks to determine, among other things, whether the
Company’s board of directors breached their fiduciary duties by failing to
maximize shareholder value before agreeing to enter into this transaction, and
whether AT&T is underpaying for DIRECTV shares.

If you currently own common stock of DIRECTV and would like to learn more
about the investigation being conducted by Brower Piven, without cost or
obligation to you, click here:
http://www.browerpiven.com/currentinvestigations.html.

You may also request more information by contacting Brower Piven either by
email at hoffman@browerpiven.com or by telephone at (410) 415-6616. Attorneys
at Brower Piven together have more than a century of experience litigating
securities and other class action cases.

Contact:

Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153
hoffman@browerpiven.com
 
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