SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of DoubleDown Interactive Co., Ltd. (Nasdaq – DDI)
BALA CYNWYD – November 11, 2026 /GlobeNewswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of DoubleDown Interactive Co., Ltd. (“DoubleDown” or the “Company”) (Nasdaq – DDI) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the proposed acquisition of the remaining publicly held shares of the Company by DoubleU Games Co., Ltd. (“DoubleU Games”). DoubleU Games, which currently owns approximately 67.05% of DoubleDown’s outstanding common shares, has entered into a definitive agreement to acquire the remaining shares not already owned by DoubleU Games or its affiliates through an all-cash tender offer at $16.25 per American Depositary Share (“ADS”).
The investigation concerns whether the DoubleDown Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the proposed transaction provides fair value to DoubleDown’s minority shareholders in light of DoubleU Games’ existing controlling ownership interest in the Company.
If you own DoubleDown ADSs and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders.
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