Law Offices of Todd M. Garber Announces Class Action Lawsuit Against LinnCo, LLC

  Law Offices of Todd M. Garber Announces Class Action Lawsuit Against LinnCo,
  LLC

Business Wire

LOS ANGELES -- August 10, 2013

The Law Offices of Todd M. Garber announces that a class action lawsuit has
been filed in the United States District Court for the Southern District of
New York on behalf of a class (the “Class”) comprising all purchasers of
LinnCo, LLC (“LinnCo” or the “Company”) (NASDAQ:LNCO) shares pursuant or
traceable to the Company’s Registration Statement and Prospectus issued in
connection with LinnCo’s initial public offering commencing October 12, 2012,
through July 1, 2013, inclusive (the “Class Period”). Investors with losses of
$1 million or more are encouraged to contact the firm for information
concerning a lead plaintiff position in the shareholder lawsuit.

LinnCo is a Delaware limited liability company whose sole purpose is to own
limited liability company interests, or “units,” in Linn Energy, LLC -- an
independent natural gas exploration and production company. LinnCo has no
significant operations or assets other than its ownership of Linn Energy
units, and LinnCo’s cash flow consists exclusively of distributions from Linn
Energy. On February 20, 2013 Linn Energy and LinnCo announced an agreement to
merge with Berry Petroleum Company by issuing LinnCo shares to Berry Petroleum
shareholders, and Linn Energy would then acquire the operating assets of Berry
Petroleum from LinnCo in exchange for additional Linn Energy units.

The Complaint alleges that the Registration Statement issued in connection
with LinnCo’s initial public offering was false and misleading or failed to
disclose material adverse facts concerning LinnCo’s business and financial
condition. Specifically, the Complaint alleges defendants issued false and/or
misleading statements and/or failed to disclose to investors that Linn Energy
was overstating the cash flow available for distribution to Linn Energy
unitholders such as LinnCo by, among other things, excluding the cost of
certain hedging transactions from its calculation of “Adjusted EBITDA.”

If you are a member of the above-described Class, you may move the Court no
later than September 9, 2013 to serve as lead plaintiff; however, you must
meet certain legal requirements. To be a member of the Class, you may retain
counsel of your choice or take no action and remain an absent member of the
Class. If you have information or would like to learn more about these claims,
or if you have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Todd M. Garber,
Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or
by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contact:

Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
213-700-7262
info@toddgarberlaw.com
 
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