Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of RiskMetrics Group, Inc.- RISK
01 Março 2010 - 6:44PM
Business Wire
Levi & Korsinsky is investigating potential claims against
the Board of Directors of RiskMetrics Group, Inc. (“RiskMetrics” or
the “Company”) (NYSE: RISK) in connection with the proposed sale of
the Company to MSCI Inc. ("MSCI") (NYSE: MXB). Under the terms of
the proposed transaction, RiskMetrics shareholders will receive
approximately $21.75 per share, consisting of $16.35 in cash and
0.1802 shares of MSCI stock for each share of RiskMetrics stock
they own, for a total transaction value of approximately $1.55
billion.
The investigation concerns whether the RiskMetrics Board of
Directors breached their fiduciary duties to RiskMetrics
stockholders by failing to adequately shop the Company before
entering into this transaction and whether MSCI is underpaying for
RiskMetrics shares, thus unlawfully harming RiskMetrics
stockholders.
If you are a current holder of RiskMetrics and would like
additional information, please contact us at the number listed
below or visit http://www.zlk.com/risk1.html.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation.
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