AMPY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Amplify Energy Corp. Is Fair to Shareholders
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10:52 PM on Monday, February 24
The Associated Press
NEW YORK--(BUSINESS WIRE)--Feb 24, 2025--
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Amplify Energy Corp. (NYSE: AMPY) and Juniper Capital’s Upstream Rocky Mountain Portfolio Companies is fair to Amplify shareholders. Under the terms of the proposed transaction, Amplify will issue Juniper approximately 26.7 million shares of Amplify common stock. Upon completion of the proposed transaction, Amplify shareholders will retain approximately 61% of Amplify’s outstanding equity.
Halper Sadeh encourages Amplify shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether Amplify and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Amplify shareholders; and (2) disclose all material information necessary for Amplify shareholders to adequately assess and value the merger consideration.
On behalf of Amplify shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Halper Sadeh LLC 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.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250224638480/en/
CONTACT: Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
https://www.halpersadeh.com
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: Halper Sadeh LLC
Copyright Business Wire 2025.
PUB: 02/24/2025 10:52 PM/DISC: 02/24/2025 10:52 PM
http://www.businesswire.com/news/home/20250224638480/en