Robbins Umeda LLP Announces an Investigation of the Acquisition of RiskMetrics Group, Inc. by MSCI Inc.
01 Marzo 2010 - 8:10PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of RiskMetrics Group, Inc. ("RiskMetrics")
(NYSE: RISK) in connection with their decision to pursue the sale
of RiskMetrics to MSCI Inc. ("MSCI") (NYSE: MXB). If the
transaction is approved, RiskMetrics shareholders will receive
$16.35 in cash and 0.1802 shares of MSCI stock for each share of
RiskMetrics. The transaction is expected to close in MSCI's third
fiscal quarter of 2010.
Robbins Umeda LLP's investigation concerns whether RiskMetrics'
Board of Director's acceptance and recommendation of MSCI's offer
was fair and designed to secure the best possible price for all the
Company's shareholders.
If you are a shareholder of RiskMetrics and would like more
information about your rights as a shareholder, please contact
attorney Lauren Levi at 800-350-6003 or by e-mail at
llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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