NEW YORK, April 10, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of DFC Global Corp. ("DFC Global" or the "Company") (Nasdaq:DLLR) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to The Lone Star Funds. A complaint was filed in Delaware state court.
Click here to learn more about the investigation http://zlk.9nl.com/dfcglobal, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, DFC Global shareholders will receive $9.50 in cash for each share of DFC Global stock they own. The claims concern whether the DFC Global Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether The Lone Star Funds are underpaying for DFC Global shares. In particular, DFC Global has reported book value of $11.96 for the most recent quarter.
If you own DFC Global common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/dfcglobal.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.