NYSE
DRC

Dresser-Rand Group Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Dresser-Rand Group Inc. (NYSE: DRC) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Dresser-Rand Group Inc. (“Dresser-Rand” or the “Company”) (NYSE: DRC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Siemens AG (“Siemens”), in a transaction valued at approximately $7.6 billion.

Under the terms of the agreement, public shareholders of Dresser-Rand would receive $83.00 in cash for each share of Dresser-Rand they own.

The investigation concerns whether Dresser-Rand’s board of directors failed to adequately shop the Company and obtain the best possible value for Dresser-Rand’s shareholders before entering into an agreement with Siemens.

If you own the common stock of Dresser-Rand and purchased your shares before September 22, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.  

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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