The drums are beating for potential class-action suits against Piedmont Natural Gas’ board over the company’s proposed $4.9 billion sale to Duke Energy.
To date at least 15 law firms have advertised for potential clients who own Piedmont (NYSE: PNY) stock, saying they plan to investigate the propriety of Duke’s (NYSE: DUK) $60 per share cash deal for the Charlotte-based natural gas company.
All of the firms are practiced in shareholder suits over mergers. The Rosen Law Firm of New York was…
Martes, Nobyembre 3, 2015
Law firms on hunt for a suit against Duke-Piedmont deal
The drums are beating for potential class-action suits against Piedmont Natural Gas’ board over the company’s proposed $4.9 billion sale to Duke Energy.
To date at least 15 law firms have advertised for potential clients who own Piedmont (NYSE: PNY) stock, saying they plan to investigate the propriety of Duke’s (NYSE: DUK) $60 per share cash deal for the Charlotte-based natural gas company.
All of the firms are practiced in shareholder suits over mergers. The Rosen Law Firm of New York was…
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