MILWAUKEE, Sept. 16, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating SemGroup (NYSE: SEMG) for
possible breaches of fiduciary duty and other violations of the law
in connection with the sale of SemGroup to Energy
Transfer.
Click here to learn how to join the action:
http://ademilaw.com/case/semgroup-corporation or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges SemGroup's financial outlook
is improving and yet shareholders will receive the equivalent of
only $17 per share for each share of
SemGroup common stock. Energy Transfer is acquiring
SemGroup at a substantial discount. The merger agreement
unreasonably limits competing bids for SemGroup by prohibiting
solicitation of further bids, and imposing a termination penalty if
SemGroup accepts a superior bid. SemGroup insiders will receive
millions of dollars as part of change of control arrangements. We
are investigating on the conduct of SemGroup's board of directors,
and whether they are (i) fulfilling their fiduciary duties to all
shareholders, and (ii) obtaining a fair and reasonable price for
SemGroup.
If you own common stock in SemGroup and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/semgroup-corporation.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
View original
content:http://www.prnewswire.com/news-releases/shareholder-alert-ademi--oreilly-llp-investigates-whether-semgroup-corporation-has-obtained-a-fair-price-in-its-sale-to-energy-transfer-lp-300918692.html
SOURCE Ademi & O'Reilly, LLP