SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Dresser-Rand Group, Inc., in Connection with the Sale of the Company -DRC

BALA CYNWYD, Pa., Sept. 23, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Dresser-Rand Group, Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC) relating to the proposed acquisition by Siemens AG ("Siemens").

Click here to learn more about the investigation http://brodsky-smith.com/821-drc-dresser-rand-group-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Dresser-Rand shareholders will receive only $83.00 in cash for each share of Dresser-Rand common stock they own.  The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Dresser-Rand for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue Dresser-Rand as an analyst has set price target for Dresser-Rand stock at $100.00 per share and speculation about a topping offer has been reported.  In addition, the transaction would give Siemens exposure to the North American hydraulic fracturing market and allow it to capitalize on the growing interest in hydraulic fracturing in Europe, Asia, Africa, and Latin America to boost oil and gas production.

If you own shares of Dresser-Rand common stock and wish to discuss the legal ramifications of the investigation, 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], by visiting http://brodsky-smith.com/821-drc-dresser-rand-group-inc.html, or calling toll free 877-LEGAL-90. 

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. 

SOURCE Brodsky & Smith, LLC

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