Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of RiskMetrics Group, Inc.
01 Março 2010 - 4:58PM
Business Wire
Attorney Advertising. Notice is hereby given that Stull, Stull
& Brody has commenced an investigation on behalf of
shareholders of RiskMetrics Group, Inc. (“RiskMetrics” or the
“Company”) (NYSE: RISK) for possible breaches of fiduciary duty and
other violations of state law by the Company’s Board of Directors
(the “Board”) in connection with an agreement by the Board to sell
all of the Company’s outstanding common shares to MSCI, Inc.
(“MSCI”) in a cash-and-stock transaction valued at approximately
$1.55 billion or $21.75 per RISK share.
The current investigation concerns the price to be paid by MSCI
to RISK shareholders and the process by which the Board is
addressing the transaction. Under the terms of the proposed
transaction RISK shareholders will receive approximately $21.75 per
share, consisting of $16.35 in cash and 0.1802 shares of MSCI per
RISK share. RISK’s Chief Executive Officer and certain other RISK
shareholders entered into a voting agreement with MSCI in which
they agreed to vote approximately 54% of RISK’s outstanding common
stock in favor of the proposed transaction.
If you own RISK common stock and wish to obtain additional
information about this matter, please contact Aaron Brody, Esq. at
Stull, Stull & Brody by calling 1-800-337-4983 or
1-212-687-7230, or by email to ssbny@aol.com or by writing to
Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.
Stull, Stull & Brody has litigated many class actions for
violations of securities laws and breaches of fiduciary duty on
behalf of defrauded investors over the past 40 years and has
obtained court approval of substantial settlements on numerous
occasions. Stull, Stull & Brody has offices in New York and Los
Angeles. Additional information about Stull, Stull & Brody can
be found at the firm’s website at www.ssbny.com.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rismetrics Grp. (NYSE:RISK)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Rismetrics Grp. (NYSE:RISK)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024
Notícias em tempo-real sobre Rismetrics Grp. da New York Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Stull, Stull & Brody