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GEOI Georesources, Inc. (MM)

33.20
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
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

Securities Lawyers at Goldfarb LLP Seeking More Money, Information for Stockholders of GeoResources, Inc.

01/05/2012 3:29pm

PR Newswire (US)


Georesources (NASDAQ:GEOI)
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DALLAS, May 1, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP announce an investigation into alleged violations of shareholder protection laws by officers and directors of GeoResources, Inc. (NASDAQ: GEOI) in connection with a buyout agreement for $37.97 per share to Halcon Resources Corporation. Concerned GEOI investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their rights and remedies.

"The agreement represents a mere 24% premium when at least one analyst has targeted GEOI stock value at $43 per share," said Hamilton Lindley. "Our proposed investor class action seeks to ensure that the board has adequately shopped the company and is disclosing all material benefits and costs so that GEOI shareholders' interests are protected in accordance to the board of directors' fiduciary duties."

Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide GEOI stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at hlindley@goldfarbllp.com or 877-583-2855 with questions or concerns.

Hamilton Lindley

Goldfarb LLP

2501 N. Harwood, Ste. 1801

Dallas, TX 75201

(877) 583-2855 Toll Free Telephone

(214) 583-2233 Local Phone Number

(214) 583-2234 Fax Number

www.goldfarbllp.com

 

 

SOURCE Goldfarb LLP

Copyright 2012 PR Newswire

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