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Faruqi & Faruqi, LLP Announces Investigation of DEI Holdings, Inc.

^{Published on 2011-06-20 15:40:43 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating and monitoring the conduct of the Board of Directors of DEI Holdings, Inc. (aDEI Holdingsa or the aCompanya) (OTC: DEIX) in relation to the sale of the Company to Charlesbank Capital Partners. The proposed transaction offers DEI Holdingsa™ shareholders an increased price of approximately $4.46 per share in cash. Under the original terms of the merger agreement entered into on May 12, 2011, DEI Holdings shareholders would have received approximately $3.79-3.80 per share in cash.

Request more information now by clicking here: [ www.faruqilaw.com/DEIX ]

Whether the Board of Directors of DEI Holdings breached their fiduciary duties to DEI Holdingsa™ stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues DEI Holdingsa™ shares and by how much this proposed transaction undervalues the Company to the detriment of DEI Holdingsa™ shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.

If you own common stock in DEI Holdings and wish to obtain additional information, please visit us at [ www.faruqilaw.com/DEIX ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.

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