BATL Stock Alert

Halper Sadeh LLC Is Investigating Whether the Sale of Battalion Oil Corporation Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Battalion Oil Corporation (NYSE: BATL) to Fury Resources, Inc. for $9.80 per share in cash is fair to Battalion shareholders.

Halper Sadeh encourages Battalion shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Battalion and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Battalion shareholders; (2) determine whether Fury is underpaying for Battalion; and (3) disclose all material information necessary for Battalion shareholders to adequately assess and value the merger consideration. On behalf of Battalion shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Battalion shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240124905561/en/

The Battalion Oil Corporation Stock at the time of publication of the news with a fall of -18,55 % to 7,77USD on AMEX stock exchange (24. Januar 2024, 21:33 Uhr).