Comments on: Diedrich’s odd disclosure… http://www.footnoted.com/urge-to-merge/diedrichs-odd-disclosure/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Frank Graham http://www.footnoted.com/urge-to-merge/diedrichs-odd-disclosure/comment-page-1/#comment-9946 Frank Graham Tue, 03 Nov 2009 19:16:43 +0000 http://www.footnoted.com/?p=4360#comment-9946 Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. 2:07p ET November 3, 2009 (Business Wire) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Diedrich Coffee, Inc. ("Diedrich Coffee" or the "Company") (Nasdaq:DDRX) relating to the proposed acquisition by Peet's Coffee & Tea, Inc. ("Peet's"). Peet's has agreed to acquire Diedrich Coffee in a deal valued at approximately $213 million. Under the proposed agreement, Diedrich Coffee shareholders will receive $17.33 in cash and a fraction of a Peet's share valued at about $8.67 for every share of Diedrich Coffee common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Diedrich Coffee board's approval of the proposed merger. The transaction appears to be unfair, in part, given that Diedrich Coffee stock was trading at $29.88 a share as recently as October 22, 2009 and was trading at $25.39 a share on August 4, 2009. If you own shares of Diedrich Coffee and wish to discuss the legal ramifications of the proposed acquisition, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90. SOURCE: Brodsky & Smith, LLC Brodsky & Smith, LLC Jason L. Brodsky, Esquire Evan J. Smith, Esquire 877-LEGAL-90 clients@brodsky-smith.com Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc.
2:07p ET November 3, 2009 (Business Wire)
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Diedrich Coffee, Inc. (“Diedrich Coffee” or the “Company”) (Nasdaq:DDRX) relating to the proposed acquisition by Peet’s Coffee & Tea, Inc. (“Peet’s”). Peet’s has agreed to acquire Diedrich Coffee in a deal valued at approximately $213 million.

Under the proposed agreement, Diedrich Coffee shareholders will receive $17.33 in cash and a fraction of a Peet’s share valued at about $8.67 for every share of Diedrich Coffee common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Diedrich Coffee board’s approval of the proposed merger. The transaction appears to be unfair, in part, given that Diedrich Coffee stock was trading at $29.88 a share as recently as October 22, 2009 and was trading at $25.39 a share on August 4, 2009.

If you own shares of Diedrich Coffee and wish to discuss the legal ramifications of the proposed acquisition, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.

SOURCE: Brodsky & Smith, LLC

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
clients@brodsky-smith.com

]]> By: Frank Graham http://www.footnoted.com/urge-to-merge/diedrichs-odd-disclosure/comment-page-1/#comment-9944 Frank Graham Tue, 03 Nov 2009 16:48:28 +0000 http://www.footnoted.com/?p=4360#comment-9944 Could be a few more of those critical filings even using typo May 1, 2009. Two 8-Ks. July 28 and Oct. 27 2009. One 10-Q mentions being "vertically integrated, allowing us to control the quality of our product at all stages." Casual reader might take that as a smokestack situation whereby PEET was only looking to be free-standing w/o being on hunt for acquistions which would be horizontal integration. They do bother to mention having a Calif. management lawsuit about workers overtime pay & work issues. But what amused me was the Cal earthquake loophole. "Because we have only one roasting facility, a significant interruption in the operation of our roasting and distribution facility could potentially disrupt our operations." Could be a few more of those critical filings even using typo May 1, 2009. Two 8-Ks.
July 28 and Oct. 27 2009.
One 10-Q mentions being “vertically integrated, allowing us to control the quality of our product at all stages.” Casual reader might take that as a smokestack situation
whereby PEET was only looking to be free-standing w/o being on hunt for acquistions which would be horizontal integration.
They do bother to mention having a Calif. management lawsuit about workers overtime pay & work issues. But what amused me was the Cal earthquake loophole.
“Because we have only one roasting facility, a significant interruption in the operation of our roasting and distribution facility could potentially disrupt our operations.”

]]> By: Michelle Leder http://www.footnoted.com/urge-to-merge/diedrichs-odd-disclosure/comment-page-1/#comment-9943 Michelle Leder Tue, 03 Nov 2009 16:38:39 +0000 http://www.footnoted.com/?p=4360#comment-9943 Thanks, @eh for pointing out my mistake! As I say all the time, everyone needs an editor. I mixed up effect and affect and have fixed the error. Thanks for being mine today! Thanks, @eh for pointing out my mistake! As I say all the time, everyone needs an editor. I mixed up effect and affect and have fixed the error. Thanks for being mine today!

]]> By: eh http://www.footnoted.com/urge-to-merge/diedrichs-odd-disclosure/comment-page-1/#comment-9942 eh Tue, 03 Nov 2009 16:21:27 +0000 http://www.footnoted.com/?p=4360#comment-9942 went into effect <i>We don’t mean to be sticklers here,...</i> Yes you do. went into effect

We don’t mean to be sticklers here,…

Yes you do.

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