WPX Merger Investigation Halper Sadeh LLP Announces Investigation Into Whether the Sale of WPX Energy, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – WPX

Nachrichtenquelle: Business Wire (engl.)
29.09.2020, 04:23  |  107   |   |   

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of WPX Energy, Inc. (NYSE: WPX) to Devon Energy Corporation for 0.5165 shares of Devon common stock for each share of WPX common stock is fair to WPX shareholders. On behalf of WPX shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are a WPX shareholder and would like to discuss your legal rights and options, please visit WPX Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether WPX and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for WPX shareholders; (2) determine whether Devon is underpaying for WPX; and (3) disclose all material information necessary for WPX shareholders to adequately assess and value the proposed transaction.

If you are a WPX shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/wpx-energy-inc-stock-merger-devon/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP 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.

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