Rigrodsky & Long, P.A. Investigates Buyout of DEI Holdings, Inc. for Shareholders

  • Do you own DEI Holdings, Inc. common stock?
  • Did you purchase your shares prior to May 12, 2011?
  • Do you feel that the Company's sale to Charlesbank Capital Partners is unfair?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

Contact R & L today to be sure your best interests are being protected.

R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of DEI Holdings, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Charlesbank Capital Partners in a transaction with a total enterprise value of approximately $285 million.

Click here to read the full press release.

Rigrodsky & Long, P.A. Investigates Buyout of DEI Holdings, Inc. for Shareholders

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of DEI Holdings, Inc. (“DEI” or the “Company”) (Pink Sheets: DEIX.PK) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Charlesbank Capital Partners in a transaction with a total enterprise value of approximately $285 million.

Under the proposed agreement, Charlesbank Capital Partners will acquire all of the outstanding shares of DEI for $3.79-$3.81 per share in cash.  In addition, funds affiliated with Trivest Partners, which own approximately 9.2 million common shares, representing approximately 36% of DEI’s total shares outstanding, have agreed to vote those shares for approval of the merger.

The investigation concerns whether DEI’s board of directors failed to adequately shop the Company and obtain the best price possible for DEI’s shareholders before entering into the agreement with Charlesbank Capital Partners.

If you own the common stock of DEI and purchased your shares before May 12, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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

R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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

Learn more about R&L:  Visit Our Website |  Our Firm  |  Our Practice Areas  |  FAQ's

Fill out the form below or call us toll-free at 888-969-4242, for a FREE no-obligation consultation.