SHAREHOLDER ALERT: Weiss Law Investigates DCP Midstream, LP

NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Weiss Law is investigating possible violations of law connected with the proposed acquisition of DCP Midstream, LP ("DCP Midstream") (NYSE: DCP) by Phillips 66 (NYSE: PSX). Under the terms of the merger agreement, the Company's shareholders will receive $41.75 in cash for each DCP Midstream common unit owned.

If you own DCP Midstream shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslaw.co/news-and-cases/dcp
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7^th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
[email protected]

Weiss Law is investigating whether (i) the board of directors of DCP Midstream GP, LLC, the general partner of DCP Midstream GP, LP, the general partner of DCP Midstream, acted in good faith and in the "best interests" of the Partnership and its unit holders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates DCP Midstream's unit holders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. 

Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

SOURCE Weiss Law

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