Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether C&J Energy Services has obtained a Fair Price in its Sale to Keane Group, Inc.

MILWAUKEE, June 17, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating C&J Energy Services (NYSE: CJ) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of C&J to Keane.

Click here to learn how to join the action: http://ademilaw.com/case/cj-energy or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges C&J financial outlook is improving and yet C&J shareholders will receive only 1.6149 shares of Keane common stock for each share of C&J common stock owned.  Keane is merging with C&J at a substantial discount.  The merger agreement unreasonably limits competing bids for C&J by prohibiting solicitation of further bids, and imposing a termination penalty if C&J accepts a superior bid. C&J insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of C&J's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for C&J.

If you own common stock in C&J and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/cj-energy.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi & O'Reilly, LLP

Related Links

http://www.ademilaw.com

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