Brigham Exploration Buyout Prompts Shareholder Claim Investigation by Goldfarb Branham LLP Securities Lawyers
18 Ottobre 2011 - 9:02PM
PR Newswire (US)
DALLAS, Oct. 18, 2011 /PRNewswire/ -- Goldfarb Branham
LLP securities lawyers are investigating whether the board of
directors of Brigham Exploration Company (NASDAQ: BEXP) violated
shareholder protection laws in connection with their efforts to
sell the company to Statoil ASA (NYSE: STO) for $36.50 per share. Concerned stockholders should
contact Hamilton Lindley at 877-583-2855 or
hlindley@goldfarbbranham.com.
"The tender offer may undervalue the company because twelve
analysts have target prices higher than the offer price – from
$37 to $45 per share," said
securities lawyer Hamilton Lindley. "Also, the company has reported
significantly increased earnings per share. Our proposed
shareholder class action lawsuit seeks to ensure that the company
pays fair value and discloses important information to its
investors as required by law."
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. El Paso stockholders –
or anyone with knowledge about this acquisition – should contact
lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or
877-583-2855.
Hamilton Lindley
Goldfarb Branham LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
hlindley@goldfarbbranham.com
www.goldfarbbranham.com
SOURCE Goldfarb Branham LLP
Copyright 2011 PR Newswire
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