Robbins Umeda LLP Announces an Investigation of the Acquisition of Mariner Energy, Inc. by Apache Corporation
15 Avril 2010 - 8:07PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors of Mariner Energy, Inc. ("Mariner
Energy") (NYSE: ME) in connection with their actions in causing
Mariner Energy to enter into a merger agreement with Apache
Corporation ("Apache") (NYSE: APA) (NASDAQ: APA). If the
transaction is completed, Mariner Energy shareholders will receive
$7.80 in cash and 0.17043 of a share of Apache common stock for
each share of Mariner Energy they own, subject to an election
feature and proration. The companies expect the merger to close in
the third quarter of 2010.
Robbins Umeda LLP's investigation concerns whether Mariner
Energy's Board of Directors undertook a fair process to obtain fair
consideration for all shareholders of Mariner Energy.
If you are a shareholder of Mariner Energy and would like more
information about your rights as a shareholder, please contact
attorney Lauren Levi at 800-350-6003 or by e-mail at
llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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