Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Diamond
Management & Technology Consultants, Inc. (?Diamond? or the ?Company?)
(NasdaqGS: DTPI) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
PricewaterhouseCoopers LLP (?PricewaterhouseCoopers?). The proposed
transaction offers Diamond shareholders to only receive $12.50 in cash
for each share they own. According to Thomson/First
Call, at least one financial analyst values Diamond' common stock at
$14.00 per share.
Whether the Diamond' Board of Directors breached their fiduciary duties
to Diamond' stockholders by failing to conduct an adequate and fair
sales process to sell the Company prior to agreeing to this proposed
transaction, whether the proposed transaction undervalues Diamond shares
and by how much this proposed transaction undervalues the Company to the
detriment of Diamond shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, through all
phases of litigation. The firm has an experienced trial team which has
achieved significant victories on behalf of the firm's clients.
If you own common stock in Diamond and wish to obtain additional
information, please visit us at www.faruqilaw.com/diamond
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New
York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212) 983-9330