Noble Energy, Inc.
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NOBLE ENERGY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF NOBLE ENERGY, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM
July 20, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Noble Energy, Inc. (NASDAQ: NBL) to Chevron Corporation (NYSE: CVX) for 0.1191 shares of Chevron for each Noble Energy share is fair to Noble Energy shareholders. On behalf of Noble Energy shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The investigation concerns whether Noble Energy and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for Noble Energy shareholders; (2) determine whether Chevron is underpaying for Noble Energy; and (3) disclose all material information necessary for Noble Energy shareholders to adequately assess and value the proposed transaction.
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