WILMINGTON, DE / ACCESSWIRE / September 16, 2019 / Rigrodsky & Long, P.A.:
- Do you own shares of SemGroup Corporation (NYSE:SEMG)?
- Did you purchase any of your shares prior to September 16, 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 SemGroup Corporation (“SemGroup” or the “Company”) (NYSE:SEMG) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Energy Transfer LP (“ET”) (NYSE:ET) in a transaction valued at approximately $5 billion. Under the terms of the agreement, shareholders of SemGroup will receive $6.80 in cash and 0.7275 of an ET common unit for each outstanding share of Class A Common Stock of SemGroup.
If you own common stock of SemGroup and purchased any shares before September 16, 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 toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.
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.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT: Rigrodsky & Long, P.A. Seth D. Rigrodsky Gina M. Serra (888) 969-4242 (302) 295-5310 Fax: (302) 654-7530 [email protected] http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long, P.A.