SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of MarkWest Energy Partners, L.P. -MWE
BALA CYNWYD, Pa., July 13, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MarkWest Energy Partners, L.P.("MarkWest" or "the Company") (NYSE -MWE-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company MPLX LP ("MPLX").
Click here to learn more about the investigation http://brodsky-smith.com/963-mwe-markwest-energy-partners-lp.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, MarkWest unitholders will receive only 1.09 units of MPLX and $3.37 in cash for each unit of MarkWest they own. The transaction values MarkWest at only proximately $78.64 per unit. The investigation concerns whether the Board of MarkWest breached their fiduciary duties to unitholders and whether MPLX is underpaying for MarkWest. The transaction may undervalue MarkWest and will result in a loss or no real gain for many MarkWest unitholders. For example, MarkWest units traded at $80.09 as recently as September 5, 2014 and an analyst has set a price target for MarkWest units at $86.00 per unit.
If you own units of MarkWest and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/963-mwe-markwest-energy-partners-lp.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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