The Law Offices of Vincent Wong Notifies Investors of an Investigation into RSP Permian, Inc. in Connection with the Sale of the Company to Concho Resources Inc.
RSP PERMIAN INC (RSPP)
Last rsp permian inc earnings: 5/2 04:15 pm
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US:NYSE Investor Relations:
investorroom.rsppermian.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- 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
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