Newman Ferrara LLP Announces Investigation Of DFC Global Corp.

Newman Ferrara LLP is investigating potential claims against the board of directors of DFC Global Corp. (“DFC”) (Nasdaq: DLLR) concerning the proposed sale of DFC to Lone Star Funds, a private equity firm based in Texas.

On April 1, 2014, DFC entered into an agreement and plan of merger to be acquired by Lone Star Funds in a deal valued at approximately $1.3 billion. Under the terms of the proposed deal, DFC’s shareholders will receive $9.50 in cash for each share of DFC stock owned.

However, the $9.50 offer price values DFC at only 79% of DFC’s December 31, 2013 reported book value per share of $11.96. In addition, DFC common stock has traded at above the offer price as recently as January 30, 2014, when DFC stock traded at $10.96 per share. The $9.50 offer price is also well below the 52-week trading high of DFC common stock of $16.43 per share.

Newman Ferrara LLP’s investigation concerns whether DFC’s Board of Directors has breached its fiduciary duties to act in the best interests of DFC’s shareholders and to take all necessary steps to ensure that DFC’s shareholders receive the maximum value readily available for their shares of DFC common stock.

Concerned investors may contact Newman Ferrara attorney Roy Shimon at rshimon@nfllp.com to discuss this investigation, their rights, or potential remedies.

Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.

Copyright Business Wire 2010

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