Continental Resources, Inc.
If you purchased Continental Resources, Inc. securities and would like to join the action, please click "Join This Action" below.
CLR STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF CONTINENTAL RESOURCES, INC. IS FAIR TO SHAREHOLDERS
October 17, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Continental Resources, Inc. (NYSE: CLR) to Omega Acquisition, Inc., an entity owned by Continental’s founder, Harold G. Hamm, for $74.28 per share is fair to Continental shareholders.
The investigation concerns whether Continental and its board of directors 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 Continental shareholders; (2) determine whether Omega is underpaying for Continental; and (3) disclose all material information necessary for Continental shareholders to adequately assess and value the merger consideration. On behalf of Continental 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.