|[July 14, 2014]
KODIAK OIL & GAS INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Kodiak Oil & Gas Corp. (KOG) Board of Directors in Connection With the Proposed Sale of the Company to Whiting Petroleum Corporation
NEW YORK --(Business Wire)--
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Kodiak Oil
& Gas Corp. ("Kodiak" or the "Company") (NYSE:KOG) for potential
breaches of fiduciary duties in connection with the sale of the Company
to Whiting Petroleum Corporation ("Whiting") in an all-stock deal valued
at approximately $6 billion. The Company's stockholders will only
receive 0.177 Whiting shares for each share of Kodiak common stock they
own, which is equivalent to approximately $13.90 per share based on
Whiting's closing price on July 11, 2014. According to Yahoo! Finance,
at least one analyst has set a price target of $19.00 for the Company.
Click here for more information: www.faruqilaw.com/KOG.
There is no cost or obligation to you.
The investigation focuses on whether Kodiak'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
& 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 (News - Alert) at www.twitter.com/MergerActivity
or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.
If you own common stock in Kodiak and wish to obtain additional
information and protect your investments free of charge, please visit us
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 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.
[ Back To TMCnet.com's Homepage ]