Whiting Petroleum Corporation

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WLL STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF WHITING PETROLEUM CORPORATION IS FAIR TO SHAREHOLDERS

March 7, 2022.

New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Whiting Petroleum Corporation (NYSE: WLL) to Oasis Petroleum Inc. for 0.5774 shares of Oasis common stock and $6.25 in cash per share is fair to Whiting shareholders.

The investigation concerns whether Whiting 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 Whiting shareholders; (2) determine whether Oasis is underpaying for Whiting; and (3) disclose all material information necessary for Whiting shareholders to adequately assess and value the merger consideration. On behalf of Whiting shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLP 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.

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