TLN Talen Energy Corp.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Talen Energy Corporation (NYSE: TLN) (“Talen Energy” or the “Company”) relating to the sale of the Company to private investment firm Riverstone Holdings LLC (“Riverstone”). On June 3, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which Riverstone will acquire Talen Energy in a merger in a deal worth $5.2 billion. As a result of the merger, Talen Energy shareholders are only anticipated to receive $14.00 per share in cash in exchange for each share of Talen Energy.

Andrews & Springer’s investigation so far has revealed that the consideration Talen Energy shareholders are expected to receive is inadequate. The consideration is less than the $15.00 per share price target given by SunTrust Robinson Humphrey in May 2016, one month before the merger was announced. While the Company claims that shareholders will receive a premium for their shares, the $14.00 per share consideration is still 15.8% below Talen Energy’s 52-week high of $16.22. Our investigation has also revealed that the process leading up to the announcement of the merger appears to have significant conflicts of interest thus making the process and consideration unfair.

If you own shares of Talen Energy and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/talen-energy-class-action-investigation or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160803005416/en/

Andrews & Springer LLCCraig J. Springer, Esq., 1-800-423-6013cspringer@andrewsspringer.com

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