WAYNE, Pa., March 13, 2014 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of EPL Oil & Gas, Inc. ("EPL" or the "Company")
(NYSE: EPL) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to Energy XXI for approximately $2.3 billion.
If you own shares of EPL and would like to learn more about this
class action or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/epl. You may also email Mr. Maniskas
at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, public shareholders of EPL can
elect to receive: either (1) $39.00
in cash, (2) 1.669 common shares of EXXI, or (3) $25.35 in cash plus 0.584 common shares of EXXI
for each share of EPL they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of EPL
for not acting in the Company's shareholders' best interests in
connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas,
LLP
Richard
A. Maniskas,
Esquire
995
Old Eagle School Rd., Suite
311
Wayne,
PA
19087
877-316-3218
www.rmclasslaw.com/cases/epl
rmaniskas@rmclasslaw.com
Logo -
http://photos.prnewswire.com/prnh/20121112/MM11729LOGO
SOURCE Ryan & Maniskas, LLP