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GEOI Georesources, Inc. (MM)

33.20
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Georesources, Inc. (MM) NASDAQ:GEOI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.20 0 01:00:00

Harwood Feffer LLP Announces Investigation of GeoResources, Inc.

25/04/2012 10:42pm

PR Newswire (US)


Georesources (NASDAQ:GEOI)
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NEW YORK, April 25, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of GeoResources, Inc. ("GeoResources" or the "Company") (NASDAQ: GEOI) concerning the proposed acquisition of the Company by Halcon Resources Corp. in a transaction valued at approximately $973 billion

(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )

On April 25, 2012, it was announced that GeoResources and Halcon have entered into a definitive agreement pursuant to which Halcon will acquire GeoResources.  Under the agreement, GeoResources shareholders will receive $20.00 and 1.932 shares of Halcon common stock, representing a total of approximately $37.97 per share held. 

Our investigation concerns whether the GeoResources board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders. 

If you own GeoResources shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin Sachs-Michaels

Robert I. Harwood, Esq.

Harwood Feffer LLP

488 Madison Avenue

New York, New York 10022

Phone Numbers: (877) 935-7400

                          (212)935-7400

Email:  bsachsmichaels@hfesq.com

Website:  http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Harwood Feffer LLP

Copyright 2012 PR Newswire

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