Morgan & Morgan Announces the Investigation of Digital River -- DRIV

NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Digital River, Inc. ("Digital River" or the "Company")  (NASDAQ: DRIV) concerning the proposed acquisition of the Company by a group led by Siris Capital Group ("Siris").   

If you purchased Digital River stock, and want more information about the Digital River takeover investigation, please contact Morgan & Morgan at 1(800) 732-5200 or email [email protected].

Under the terms of the transaction, Siris and the members of the group would acquire Digital River in a transaction valued at approximately $840 million.  Digital River shareholders are being offered $26 in cash per share.  

Morgan & Morgan's investigation concerns whether the board of directors of Digital River breached its fiduciary duties to act in the best interests of Digital River shareholders.

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-732-5200
info@morgansecuritieslaw.com

SOURCE Morgan & Morgan

Related Links

http://www.securitieslawfirm.com

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