CARRIZO OIL MERGER INVESTIGATION: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Carrizo Oil & Gas, Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CRZO
NEW YORK, July 15, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) to Callon Petroleum Company (“Callon”) for 2.05 Callon shares for each share of Carrizo common stock is fair to Carrizo shareholders. On behalf of Carrizo shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Carrizo merger investigation concerns whether Carrizo and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Carrizo shareholders; (2) determine whether Callon is underpaying for Carrizo; and (3) disclose all material information necessary for Carrizo shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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