Kendall Law Group Investigates Diamond Management & Technology, Inc. Acquisition for Shareholders

Kendall Law Group, led by a former federal judge with attorneys that include a former U.S. Attorney, is investigating Diamond Management & Technology, Inc. (NASDAQ: DTPI) for shareholders in connection with the proposed acquisition by PricewaterhouseCoopers LLP. The national securities firm’s investigation seeks to determine whether Diamond and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Diamond shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [e-mail].

On August 24, 2010 Diamond and PricewaterhouseCooper announced that the companies have entered into a definitive merger agreement under which Diamond would be acquired by PricewaterhouseCooper in a transaction valued at approximately $378 million. Under the terms of the agreement, Diamond stockholders will receive $12.50 in cash for each share of Diamond common stock. While the companies have reported that the transaction represents a premium of 31% to Diamond's August 23, 2010 closing stock price of $9.54, Diamond’s average closing share price was approximately $10.35 from June 1, 2010 through August 23. Additionally, according to Thompson/First Call, at least one analyst has set a $14.00 price target for Diamond shares.

Kendall Law Group was founded by a former federal judge Joe Kendall, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. Since leaving the bench and returning to trial work, Mr. Kendall has had tremendous success at the prosecution of patent, consumer and securities class action litigation either as lead, co-lead or liaison counsel. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.