NEW YORK, May 13, 2015 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Williams Partners L.P. ("Williams Partners" or the "Company") (NYSE: WPZ) breached its fiduciary duty to its unitholders in agreeing to sell Williams Partners to The Williams Companies, Inc. ("Williams").
Under the terms of the agreement, Williams will acquire all of the public outstanding common units of Williams Partners in an all stock-for-unit transaction at a 1.115 ratio of Williams common shares per unit of Williams Partners they own. The investigation is focused on the potential unfairness of the price to Williams Partners unitholders and the process by which the Williams Partners Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Williams Partners unitholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:
(877) 779-1414
or
[email protected].
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. The National Law Journal has recognized Bernstein Liebhard for twelve consecutive years as one of the top plaintiffs' firms in the country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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SOURCE Bernstein Liebhard LLP
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