DFC Global Corp. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by an Affiliate of Lone Star Funds
April 07, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of DFC Global Corp. (“DFC Global” or the “Company”) (NASDAQ:DLLR) breached its fiduciary duty to its shareholders in agreeing to sell DFC Global to an affiliate of Lone Star Funds.
Under the terms of the agreement, DFC Global shareholders will receive $9.50 in cash for each share they own. The investigation is focused on the potential unfairness of the price to DFC Global shareholders and the process by which the DFC Global Board of Directors considered and approved the transaction.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last twelve years.