BALA CYNWYD, Pa. -- (Business Wire)
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Regency Energy
Partners L.P. ("Regency Energy” or "the Company") (NYSE:RGP) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Energy Transfer Partners
(“ETP”).
Click here to learn more about the investigation http://brodsky-smith.com/880-rgp-regency-energy-partners-lp.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Regency Energy shareholders will
only receive 0.4066 shares of ETP and $0.32 in cash for each share of
Regency Energy stock they own. The transaction values the Company at
only approximately $26.89 per share. The investigation concerns whether
the Board of Regency Energy breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing
to enter into this transaction, and whether ETP is underpaying for
Regency Energy. The transaction may undervalue Regency Energy and will
result in a loss for many shareholders. For example, Regency Energy
shares traded at $32.98 on August 29, 2014 and an analyst has set a
$34.00 per share price target on the stock.
If you own shares of Regency Energy and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may
contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky &
Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by
visiting http://brodsky-smith.com/880-rgp-regency-energy-partners-lp.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and class
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and have successfully recovered millions of dollars for our
clients and shareholders. Attorney advertising. Prior results do not
guarantee a similar outcome.
Contacts:
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J.
Smith, Esquire
877-LEGAL-90
http://brodsky-smith.com/880-rgp-regency-energy-partners-lp.html
Source: Brodsky & Smith, LLC
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