Morgan & Morgan Announces Investigation of the Proposed Sale of Rosetta Resources, Inc. to Noble Energy, Inc. - ROSE
NEW YORK, May 12, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Rosetta Resources, Inc. ("Rosetta" or the "Company") (NasdaqGS: ROSE) for potential breaches of fiduciary duties in connection with the sale of the Company to Noble Energy, Inc. ("Noble Energy").
If you own shares of Rosetta and would like to learn more about the Rosetta Resources investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email [email protected].
Under the terms of the proposed transaction, Rosetta's shareholders will receive 0.542 shares of Noble Energy for each share of Rosetta common stock they own. The proposed transaction has a value of approximately $2.1 billion in an all-stock transaction.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
[email protected]
SOURCE Morgan & Morgan
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