MIAMI, April 30, 2014 (GLOBE NEWSWIRE) -- The securities law firm Dimond Kaplan & Rothstein, P.A. is investigating potential legal claims against the board of directors of DFC Global Corp. ("DFC" or the "Company") regarding possible breaches of fiduciary duties related to the proposed acquisition of DFC by LSF8 Sterling Parent, LLC ("Sterling"). On April 2, 2014, DFC announced that its board of directors had agreed to sell the Company to Sterling for $9.50 per share in an all-cash deal.
Our investigation concerns whether DFC's board of directors breached their fiduciary duties by failing to obtain the highest transaction price reasonably available in the sale of the Company.
If you own DFC common stock and purchased your shares before April 2, 2014 please contact Dimond Kaplan & Rothstein, P.A. attorney Jeffrey B. Kaplan at (888) 578-6255, (305) 374-1920, or firstname.lastname@example.org.
Dimond Kaplan & Rothstein, P.A. is a national firm with offices in Miami, West Palm Beach, Los Angeles, and New York. DKR represents investors throughout the United States in the prosecution of financial fraud and securities-related disputes.
Source:Dimond Kaplan & Rothstein, P.A.