EPL Oil & Gas Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Energy XXI

  EPL Oil & Gas Shareholder Alert: Former SEC Attorney Willie Briscoe and
  Powers Taylor LLP Investigate Acquisition by Energy XXI

Business Wire

DALLAS -- March 13, 2014

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor LLP are
investigating potential claims against the Board of Directors of EPL Oil &
Gas, Inc. (“EPL”) (NYSE: EPL) related to the acquisition by Energy XXI for
shareholders. Under the terms of the transaction, valued at approximately $2.3
billion, EPL shareholders will only receive $39 in cash for each share owned.
This consideration is well below the 52-week high of $42.64 and at least one
analyst’s opinion of $44.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC,
(214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Patrick
Powers at Powers Taylor LLP, toll free (877) 728-9607, or via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.

The EPL investigation centers on whether EPL’s Board of Directors is acting in
the shareholders’ best interests, whether the board is properly considering
the proposed price for the shareholders, and whether the board has employed an
adequate process to review and act on the proposed transaction. Notably, at
least one analyst with Yahoo! Finance believes the true inherent value of EPL
stock could be as high as $44.

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor LLP
Patrick Powers, 877-728-9607
shareholder@powerstaylor.com
 
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