Law Office of Brodsky & Smith, LLC Announces Investigation of DDi Corporation
BALA CYNWYD, Pa., April 4, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of DDi Corporation. ("DDi" or the "Company") (NASDAQ: DDIC) relating to the proposed acquisition by Viasystems Group, Inc. ("Viasystems").
Under the terms of the transaction, DDi shareholders would receive only $13.00 for each share of DDi stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DDi for not acting in the Company's shareholders' best interests in connection with the sale process Visasystems. The transaction may undervalue DDi as the transaction represents a very slight premium over the $12.66 that DDi stock traded at on March 14, 2012 and the $12.48 DDi stock traded at on March 26, 2012.
If you own shares of DDi stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected] visiting http://brodsky-smith.com/404-ddic-ddi-corporation.html, or by calling toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC
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