This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Block & Leviton LLP Investigates DDi Corp. For Possible Breaches Of Fiduciary Duties For Its Proposed Merger With Viasystems Group, Inc.

BOSTON, April 4, 2012 /PRNewswire/ -- Block & Leviton LLP, a Boston based law firm representing investors nationwide, is investigating possible breaches of fiduciary duties by the Board of Directors of DDi Corp. ("DDi" or the "Company") (NASDAQ: DDIC) concerning its announced merger with Viasystems Group, Inc. ("Viasystems") (NASDAQ: VIAS). 

Under the terms of the merger, Viasystems will acquire DDi for $13.00 per share in cash, which is a very small premium of only 6% over the Company's share price on April 3, 2012, the last trading day before the merger was announced.  The total transaction value is approximately $282 million, or $268 million net of DDi's cash plus debt assumed. 

Block & Leviton's investigation seeks to determine, among other things, whether DDi's Directors breached their fiduciary duties by failing to maximize shareholder value in the proposed merger with Viasystems.  For example, the average target price by analysts for DDi common stock is $14.00 per share.

If you have any information relevant to this investigation, or have questions about your legal rights, please contact Scott A. Mays of Block & Leviton LLP at (617) 398-5640 or email him at

Block & Leviton is a Boston-based law firm representing investors for violations of securities laws.  The firm's lawyers have collectively been prosecuting securities cases on behalf of investors for over 50 years.

Contact:  BLOCK & LEVITON LLP Scott A. Mays, Esq.(617) 398-5640

Jason M. Leviton, Esq. (617) 398-5620

This may constitute attorney advertising.





SOURCE Block & Leviton LLP

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs