The Law Offices of Vincent Wong Reminds Investors of an Investigation into RSP Permian, Inc. in Connection with the Sale of the Company to Concho Resources Inc. – RSPP
The Law Offices of Vincent Wong are investigating the Board of Directors
of RSP Permian, Inc. (“RSP Permian” or the “Company”) (NYSE:RSPP) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Concho Resources Inc. (NYSE:
CXO). Under the terms of the deal, RSP Permian stockholders will receive
0.320 shares of Concho per RSP Permian share.
The investigation concerns whether the RSP Permian Board of Directors
breached their fiduciary duties to RSP Permian stockholders by failing
to adequately shop the Company before entering into this transaction and
whether Concho Resources Inc. is underpaying for RSP Permian shares,
thus unlawfully harming RSP Permian stockholders.
If you own common stock in RSP Permian and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email vw@wongesq.com,
by telephone at 212.425.1140, or http://docs.wongesq.com/RSPP-Info-Request-Form-1878.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180514006452/en/
Copyright Business Wire 2018
Source: Business Wire
(May 14, 2018 - 6:00 PM EDT)
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