Chesapeake Energy Corporation

Chesapeake Energy Corporation

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CHK STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF CHESAPEAKE ENERGY CORPORATION IS FAIR TO SHAREHOLDERS

 

January 11, 2024.

 

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company is fair to Chesapeake shareholders. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. Upon completion of the proposed transaction, Chesapeake shareholders will own approximately 60% of the combined company, on a fully diluted basis.

 

The investigation concerns whether Chesapeake 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 Chesapeake shareholders; and (2) disclose all material information necessary for Chesapeake shareholders to adequately assess and value the merger consideration. On behalf of Chesapeake shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

 

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.

Certification

Signed pursuant to California Civil Code Section 1633.1, et seq., and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: February 27, 2024