Wolf Haldenstein Announces Investigation of GeoResources, Inc.
25 Abril 2012 - 1:27PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of GeoResources, Inc.
(“GeoResources” or the “Company”) [NASDAQ:GEOI] arising out of the
proposed acquisition of GeoResources by Halcón Resources
Corporation (“Halcón”).
On Wednesday, April 25, 2012, Halcón and GeoResources announced
that Halcón will acquire GeoResources pursuant to a cash and stock
offer. Under the terms of the agreement, GeoResources stockholders
will receive cash of $20 and 1.932 shares of Halcón common stock in
exchange for each share of GeoResources common stock. However, the
Company may not have adequately shopped itself before entering into
this transaction and, pursuant to this proposed transaction, Halcón
may be underpaying for GeoResources, thus unlawfully harming
GeoResources shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own GeoResources common stock and you wish to discuss
this matter with us, or have any questions concerning your rights
and interests with regard to this matter, please contact:
Gregory Nespole or Derek BehnkeWolf Haldenstein Adler Freeman
& Herz LLP270 Madison AvenueNew York, New York 10016Phone
Numbers: (800) 575-0735(212) 545-4600
Email: nespole@whafh.comClassmember@whafh.com
Website: http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Georesources, Inc. (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Wolf Haldenstein Adler Freeman & Herz LLP