Wolf Haldenstein Investigating RiskMetrics Group, Inc. Proposed Acquisition
01 Mars 2010 - 10:23PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of RiskMetrics Group, Inc.
(“RiskMetrics” or the “Company”) [NYSE:RISK] arising out of the
proposed acquisition of RiskMetrics by MSCI, Inc. (“MSCI”).
On Monday, March 1, 2010, RiskMetrics and MSCI announced that
MSCI will acquire RiskMetrics pursuant to a cash and stock offer
valued at $21.75. Under the terms of the agreement, RiskMetrics
stockholders will receive cash of $16.35 and 0.1802 shares of MSCI
in exchange for each share of RiskMetrics common stock. Top
executives of RiskMetrics and certain shareholders have
collectively agreed to vote approximately 54% of Riskmetrics’ stock
in favor of the proposed transaction. However, the Company may not
have adequately shopped itself around before entering into this
transaction and, pursuant to this proposed transaction, MSCI may be
underpaying for RiskMetrics, thus unlawfully harming RiskMetrics
shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own RiskMetrics common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Gustavo Bruckner or Derek Behnke Wolf Haldenstein Adler Freeman
& Herz LLP 270 Madison Avenue New York, New York 10016 Phone
Numbers: (800) 575-0735 (212) 545-4600 Email:
bruckner@whafh.com
Classmember@whafh.com
Website: http://www.whafh.comAttorney Advertising. Prior Results
Do Not Guarantee A Similar Outcome.
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