October 3, 2017 - 11:40 AM EDT
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The Law Offices of Vincent Wong Notifies Investors of an Investigation of Rice Energy Inc. in Connection with the Sale of the Company to EQT Corporation

NEW YORK

The Law Offices of Vincent Wong are investigating the Board of Directors of Rice Energy Inc. (NYSE:RICE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to EQT Corporation (NYSE:EQT). Under the terms of the deal, Rice Energy shareholders will receive 0.37 shares of EQT common stock and $5.30 in cash per Rice Energy share. Based on the closing price of EQT stock on the last business day prior to the merger announcement, this represents an approximate value of $27.04 per share.

The investigation concerns whether the Rice Energy Board of Directors breached their fiduciary duties to Rice Energy stockholders by failing to adequately shop the Company before entering into this transaction and whether EQT Corporation is underpaying for Rice Energy shares, thus unlawfully harming Rice Energy stockholders.

If you own common stock in Rice Energy and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or http://docs.wongesq.com/RICE-Info-Request-Form-1706.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

The Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
Fax: 866-699-3880
[email protected]


Source: Business Wire (October 3, 2017 - 11:40 AM EDT)

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