Diamond Mgt. & Technology Consultants, Inc. Board Under Investor Investigation

If you are a current investor in Diamond Mgt. & Technology Consultants In (NASDAQ:DTPI) shares, who purchased your DTPI stock prior to Tuesday August 24, 2010, and/or have information relating the investigation, you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Company Name(s):

Diamond Mgt. & Technology Consultants

Affected Securities:

NASDAQ: DTPI

An investigation on behalf of current investors of Diamond Mgt. & Technology Consultants In (NASDAQ:DTPI) over possible shareholder claims based on breach of fiduciary duty in connection with takeover attempt by PricewaterhouseCoopers LLP was announced.

Diamond Management & Technology Consultants, Inc, located in Chicago, Illinois, is a management and technology consulting firm. On Tuesday, Aug 24, 2010 Diamond Management & Technology Consultants, Inc. (Nasdaq: DTPI) and PricewaterhouseCoopers LLP announced that they have entered into a merger agreement whereby PricewaterhouseCoopers LLP will acquire all of the outstanding common shares of Diamond Management & Technology Consultants, Inc for $12.50 per share in cash or a transaction value of approximately $378million.

According to Diamond Management & Technology Consultants its board of directors has approved the transaction and the offer represents a premium of 31% to Diamond's closing stock price of $9.54 on August 23, 2010.

Shares of Diamond Mgt. & Technology Consultants Inc (NASDAQ:DTPI) traded on the day before the news at $9.69 per share and jumped in response to the news to $12.46 per share.

But DTPI shares traded as early as August 03, 2010 at $10.91 per share, shrinking an adjusted premium to only 12.7%. In June 2010 DTPI shares traded even as high as $11.36 per share, leaving Diamond Management & Technology Consultants investors with only a meager premium of 9%. During 2007 Diamond Management & Technology Consultants shares traded at over $15 per share and at least one analyst has set a $14.00 price target for Diamond shares.

The investigation by a law firm “concerns whether PricewaterhouseCoopers LLP, as well as the directors of Diamond Mgt. & Technology Consultants breached their fiduciary duties by not acting in Diamond Mgt. & Technology Consultants Inc (NASDAQ:DTPI) shareholders' best interests in connection with the sale process of Diamond Mgt. & Technology Consultants (DTPI), whether the Diamond Management & Technology Consultants Board of Directors breached their fiduciary duty to Diamond Management & Technology Consultants (NASDAQ:DTPI) stockholders by failing to adequately shop the Company prior to entering into the agreement, whether the Board of Directors breach their fiduciary duties by not seeking a deal that will provide better value for Diamond Management & Technology Consultants Inc (NASDAQ:DTPI), and whether PricewaterhouseCoopers LLP is underpaying for Diamond Mgt. & Technology Consultants (DTPI)), thus unlawfully harming DTPI stockholders.”

Diamond Mgt. & Technology Consultants Inc reported on March 31, 2007 for the past 12 months $190.27million Total Revenue , on March 31, 2008 $205.06million, on March 31, 2009, $174.98million, and on March 31, 2010, $209.94million.