Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Distribution Solutions Group, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating the proposed take-private acquisition of Distribution Solutions Group, Inc. (NASDAQ: DSGR) by newly formed entities controlled by LKCM Headwater Investments, LLC to determine whether the transaction is fair to DSG’s unaffiliated shareholders and whether DSG’s Special Committee and Board of Directors fulfilled their fiduciary duties in approving the transaction for potentially inadequate consideration. Investors who purchased DSG and continue to hold to the present are encouraged to obtain additional information and assist the investigation.
DSG Investigation Details
Under the terms of the definitive merger agreement, LKCM Headwater and its affiliates will acquire all outstanding shares of DSG common stock they do not already own for $35.00 per share in cash. LKCM Headwater and its affiliates beneficially own approximately 78.7% of DSG’s outstanding common stock, making this a controller-led take-private transaction.
What’s Next for DSG Investors?
If you are aware of any facts relating to this investigation or purchased DSG securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911
DSGR — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”