SAN DIEGO, Sept. 17, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors in shares of Del Frisco’s Restaurant Group, Inc. (NASDAQ: DFRG).
Investors, who purchased shares of Del Frisco’s Restaurant Group, Inc. (NASDAQ: DFRG), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On June 24, 2019, Del Frisco’s Restaurant Group, Inc. and L Catterton announced that they have entered into an agreement under which affiliates of L Catterton will acquire Del Frisco's Restaurant Group, Inc in an all cash transaction valued at approximately $650 million. Under the terms of the proposed transaction Del Frisco’s stockholders will receive $8.00 per share.
On July 23, 2019, Del Frisco's Restaurant Group, Inc. filed a proxy statement with the United States Securities and Exchange Commission (“SEC”) in connection with the proposed takeover.
On July 25, 2019, a lawsuit was filed in connection with the takeover of Del Frisco's Restaurant Group, Inc. The plaintiff alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
Those who purchased shares of Del Frisco’s Restaurant Group, Inc. (NASDAQ: DFRG) have certain options and should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.