NEW YORK, Jan. 3, 2017 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Alon USA Energy, Inc. ("Alon" or the "Company") (NYSE: ALJ) breached their fiduciary duties to the Company's minority shareholders.
Delek US Holdings, Inc. (NYSE: DK) ("Delek US"), which owns approximately 47% of Alon's outstanding shares, today announced that it had signed a definitive agreement with Alon under which Delek US will offer 0.504 of its shares for each outstanding share of Alon that it does not already own.
If you are interested in discussing your rights as an Alon minority shareholder, and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or firstname.lastname@example.org.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3.5 billion for its clients. The Firm has been named to the National Law Journal's "Plaintiffs' Hot List" thirteen times.
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ATTORNEY ADVERTISING. © 2017 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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SOURCE Bernstein Liebhard LLP