SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With the Sale of Dresser-Rand Group, Inc. -- DRC

STEVENSON, Md., Oct. 2, 2014 (GLOBE NEWSWIRE) -- 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") 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 hoffman@browerpiven.com 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.