Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Resolute Energy Corporation (REN) on Behalf of Stockholders and Encourages REN Investors to Contact the Firm
NEW YORK, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Resolute Energy Corporation (NYSE: REN) on behalf of stockholders concerning the proposed acquisition of the company by Cimarex Energy Co. (NYSE: XEC).
Pursuant to the proposed transaction, announced on November 19, 2018 and valued at $1.6 billion, Resolute stockholders will receive $14.00 in cash and 0.2366 shares of Cimarex for each share of Resolute common stock owned. The investigation focuses on whether Resolute and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Resolute shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Resolute please go to https://bespc.com/ren/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.