The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the Delaware Court of Chancery on behalf of all common stockholders of Dresser-Rand Group, Inc. (“Dresser-Rand” or the “Company”) (NYSE: DRC) seeking to challenge the Company’s recently announced merger. The complaint arises out of the September 21, 2014 announcement that Dresser-Rand had entered into a definitive merger agreement with Siemens AG, pursuant to which Dresser-Rand shareholders will receive $83.00 in cash for each share of Dresser-Rand stock owned. The claims asserted in the lawsuit concern whether the Company’s Board of Directors breached their fiduciary duties by failing to maximize shareholder value and/or protect the interests of Dresser-Rand shareholders. If you currently own common stock of Dresser-Rand and would like to learn more about this lawsuit and your ability to participate as a plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at firstname.lastname@example.org or by telephone at (410) 415-6616. Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.
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