Ryan & Maniskas, LLP Announces Investigation of EPL Oil & Gas, Inc.
WAYNE, Pa., March 13, 2014
WAYNE, Pa., March 13, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is
investigating potential claims against the board of directors of EPL Oil &
Gas, Inc. ("EPL" or the "Company") (NYSE: EPL) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's efforts to
sell the Company to Energy XXI for approximately $2.3 billion.
Ryan & Maniskas, LLP.
If you own shares of EPL and would like to learn more about this class action
or if you wish to discuss these matters and have any questions concerning this
announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at
(877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/epl. You
may also email Mr. Maniskas at email@example.com.
Under the terms of the agreement, public shareholders of EPL can elect to
receive: either (1) $39.00 in cash, (2) 1.669 common shares of EXXI, or (3)
$25.35 in cash plus 0.584 common shares of EXXI for each share of EPL they
Our investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of EPL for not acting in the
Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide. To learn more about the class action process, please visit:
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP
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