ROSETTA RESOURCES INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

WILMINGTON, Del., May 11, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:

• Do you own shares of Rosetta Resources Inc. (NASDAQ GS: ROSE)?
• Did you purchase any of your shares prior to May 11, 2015?
• Do you think the proposed buyout value is too low?
• 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 Rosetta Resources Inc. ("Rosetta" or the "Company") (NASDAQ GS: ROSE) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Noble Energy, Inc. ("Noble") (NYSE: NBL), in a transaction valued at approximately $2.1 billion.

Click here to learn more: http://rigrodskylong.com/investigations/rosetta-resources-inc-rose.   

Under the terms of the agreement, shareholders of Rosetta will receive 0.542 shares of Noble for each share of Rosetta common stock owned.  Based on Noble's closing price on May 8, 2015, the day prior to the announcement, Rosetta shareholders would have received compensation valued at approximately $26.62 per share. 

The investigation concerns whether Rosetta's board of directors failed to adequately shop the Company and obtain the best possible value for Rosetta's shareholders before entering into an agreement with Noble.  According to Yahoo! Finance, at least one analyst has issued a price target for Rosetta stock at $36.00 per share.

If you own the common stock of Rosetta and purchased your shares before May 11, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at [phone]; by e-mail to [e-mail], or at: http://rigrodskylong.com/investigations/rosetta-resources-inc-rose.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                             

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
[phone]
[phone]
Fax: [phone]
[e-mail] 
http://www.rigrodskylong.com

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SOURCE Rigrodsky & Long, P.A.

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