Rosen Law Firm Announces Investigation of Union Drilling, Inc. In Connection With Its Sale - UDRL
NEW YORK--(BUSINESS WIRE)-- The Rosen Law Firm, P.A. is investigating the Board of Directors of Union Drilling, Inc. (NAS: UDRL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Union Drilling to Sidewinder Drilling Inc.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $6.50 per share for each share of Union Drilling stock they own. The transaction has a total value of approximately $242 million. The investigation relates to whether Union Drilling's Board breached its fiduciary duties in connection with entering into this transaction and whether Sidewinder Drilling is underpaying for Union Drilling's shares; consequently unlawfully harming Union Drilling's shareholders.
If you own Union Drilling common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
KEYWORDS: United States North America New York
The article Rosen Law Firm Announces Investigation of Union Drilling, Inc. In Connection With Its Sale - UDRL originally appeared on Fool.com.
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