We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pzena Investment Management, Inc. (“Pzena” or the “Company”) (NYSE: PZN), in connection with the proposed merger of the Company with its operating company, Pzena Investment Management, LLC.  Under the terms of the merger agreement, the Company’s shareholders will receive $9.60 in cash for each share of common stock owned.  The transaction is valued at approximately $795 million.

Weiss Law is investigating whether (i) Pzena’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $9.60 per-share merger consideration adequately compensates Pzena’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.