March 28, 2018 - 6:37 PM EDT
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SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of RSP Permian, Inc. - RSPP

BALA CYNWYD, PA / ACCESSWIRE / March 28, 2018 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of RSP Permian, Inc. (''RSP Permian'' or ''the Company'') (NYSE: RSPP - News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Concho Resources Inc. (''Concho'').

Click here to learn more http://www.brodskysmith.com/cases/rsp-permian-inc-nyse-rspp/ , or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, RSP Permian shareholders will receive only 0.320 shares of Concho common stock worth approximately $45 for each share of RSPP stock they own. The investigation concerns whether the Board of RSP Permian breached their fiduciary duties to shareholders and whether Concho is underpaying for the Company. The transaction may undervalue the Company and would result in a loss for many RSP Permian shareholders. For example, the 52-week high for shares of RSP Permian is as high as $47.17 per share, and at least one analyst has set a $53.73 price target for RSP Permian at $45.00 per share.

If you own shares of RSP Permian stock 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://www.brodskysmith.com/cases/rsp-permian-inc-nyse-rspp/ 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.

SOURCE: Brodsky & Smith, LLC


Source: ACCESSWIRE Investor Awareness (March 28, 2018 - 6:37 PM EDT)

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