ROCC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Ranger Oil Corporation Is Fair to Shareholders
By:
Halper Sadeh LLC via
Business Wire
February 28, 2023 at 08:58 AM EST
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ranger Oil Corporation (NASDAQ: ROCC) to Baytex Energy Corp. is fair to Ranger shareholders. Under the terms of the agreement, Ranger shareholders will receive 7.49 Baytex shares plus $13.31 in cash, for each Ranger common share. Halper Sadeh encourages Ranger shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Ranger and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Ranger shareholders; (2) determine whether Baytex is underpaying for Ranger; and (3) disclose all material information necessary for Ranger shareholders to adequately assess and value the merger consideration. On behalf of Ranger shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. Halper Sadeh encourages Ranger shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20230228005909/en/ Contacts
Halper Sadeh LLC
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