NEW YORK, April 30, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of LRR Energy, Inc. (NYSE: LRE) in connection with a buyout for only $8.93 per share. Concerned LRE investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. Under terms of the proposed agreement, LRR Energy shareholders will receive 0.55 Vanguard common units per LRR Energy common unit, for a value of $8.93 per LRR Energy common unit share based on Vanguard's closing price on April 20, 2015. At least one analyst has set a target price of $16.00 per share. The firm's potential shareholder lawsuit will seek to obtain the highest price reasonably available and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. LRE stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/LRE.
SOURCE Dunnam & Dunnam