Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether SemGroup Corporation has obtained a Fair Price in its sale to Energy Transfer LP
SEMGROUP (SEMG)
Last semgroup earnings: 11/7 04:05 pm
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US:NYSE Investor Relations:
ir.semgroupcorp.com/investor-relations/default.aspx
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Source: PR Newswire
MILWAUKEE, Sept. 16, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating SemGroup (NYSE: SEMG) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of SemGroup to Energy Transfer. Click here to learn how to join the action: http://ademilaw.com/case/semgroup-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Ademi & O'Reilly, LLP alleges SemGroup's financial outlook is improving and yet shareholders will receive the equivalent of only $17 per share for each share of SemGroup common stock. Energy Transfer is acquiring SemGroup at a substantial discount. The merger agreement unreasonably limits competing bids for SemGroup by prohibiting solicitation of further bids, and imposing a termination penalty if SemGroup accepts a superior bid. SemGroup insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of SemGroup's board of
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