The Briscoe Law Firm, PLLC & Powers Taylor, LLP Announce Investigation for Shareholders Regarding the Proposed Sale of Diamon...

The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Diamond Management & Technology Consultants, Inc. (NASDAQ: DTPI) related to the proposed acquisition of Diamond by PricewaterhouseCoopers LLP (“PricewaterhouseCoopers”).

The agreement involves a cash transaction valued at approximately $378 million, under which DTPI shareholders will receive $12.50 in cash for each share of DTPI common stock they hold.

The proposed share price represents a premium of only approximately 10% compared to Diamond’s prior 45 day closing price high of $11.36, and at least one analyst has set a price target for DTPI of $14.00 per share. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DTPI for approving this transaction, whether the consideration to be received by DTPI shareholders is fair, and whether DTPI’s board of Directors acted in the shareholders’ best interest.

If you currently own shares of Diamond Management & Technology Consultants, Inc. and would like additional information regarding this investigation, or if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free [phone], via e-mail at [e-mail], or Willie Briscoe at The Briscoe Law Firm, PLLC toll free [phone], or via email at [e-mail]. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.