Del Frisco’s Restaurant Group, Inc. (DFRG)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Del Frisco’s Restaurant Group, Inc. (DFRG)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Del Frisco’s Restaurant Group, Inc. (“Del Frisco’s” or the “Company”) (NASDAQ GS: DFRG) for possible breaches of fiduciary duty and other violations of law in connection with the proposed sale of the Company to affiliates of L Catterton (the “Purchaser”).
Under the terms of the agreement, Del Frisco’s stockholders will receive $8.00 in cash for each share of Del Frisco’s common stock. The merger is valued at roughly $650 million.
If you are a Del Frisco’s shareholder and believe the proposed buyout price is too low, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.