Morgan & Morgan Announces the Investigation of Athlon Energy Inc. in Connection With the Sale of the Company to Encana Corporation - ATHL
NEW YORK, Oct. 1, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Athlon Energy Inc. ("Athlon" or the "Company") (NYSE: ATHL) in connection with the sale of the Company to Encana Corporation.
If you purchased Athlon shares, and want more information about the Athlon Takeover Lawsuit, please contact Morgan & Morgan at 1(800) 732-5200 or email [email protected]
Under the terms of the transaction, Athlon shareholders will receive $58.50 in cash for each share of Athlon common stock they own. Encana will assume Althlon's $1.15 billion of senior notes, valuing the transaction at approximately $7.1 billion.
Morgan & Morgan's investigation concerns whether the board of directors of Athlon breached its fiduciary duties.
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, 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."
Attorney advertising. Prior results do not guarantee a similar outcome.
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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