WILMINGTON, Del., April 12, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
- Do you own shares of Anadarko Petroleum Corporation (NYSE: APC)?
- Did you purchase any of your shares prior to April 12, 2019?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Anadarko Petroleum Corporation (“Anadarko” or the “Company”) (NYSE: APC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Chevron Corporation (“Chevron”) (NYSE: CVX) in a deal valued at approximately $33 billion. Under the terms of the agreement, shareholders of Anadarko will receive 0.3869 shares of Chevron and $16.25 in cash for each share of Anadarko common stock they own.
If you own common stock of Anadarko and purchased any shares before April 12, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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