NEW YORK, May 22, 2015 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities firm headquartered in
New York City, is investigating
the Board of Directors of Eagle Rock Energy Partners, L.P.
("Eagle Rock" or the "Company") (NasdaqGS: EROC) for
potential breaches of fiduciary duties in connection with the sale
of the Company to Vanguard Natural Resources for approximately
$474 million. The Company's
stockholders will only receive 0.185 units of Vanguard for each
unit of Eagle Rock they own, the value of which is equivalent to
$3.05 per Eagle Rock share. However,
Eagle Rock has traded as high $5.25
over the past calendar year.
Click here for more information:
www.faruqilaw.com/EROC. There is no cost or obligation to
you.
The investigation focuses on whether Eagle Rock's Board of
Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Eagle Rock's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
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If you own common stock in Eagle Rock and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/EROC or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP.
The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
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