Kaskela Law LLC Announces Shareholder Investigation of Devon Vitality Corp. (DVN) Subsequent Merger Agreement

Nov 13, 2020 11:11 AM ET

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Kaskela Regulation LLC announces that is investigating Devon Power Corp. on behalf of the Firm’s shareholders. 

On September 28, 2020, Devon announced that it had entered into an arrangement to mix with WPX Power, Inc. (“WPX”).  In connection with the proposed company blend, Devon plans to concern close to 290 million shares of prevalent inventory to WPX’s shareholders, who are expected to personal 43% of the merged corporation upon completion of the transaction.

The investigation seeks to identify whether Devon’s executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, and no matter if the transaction as structured is truthful to Devon’s shareholders.

Devon shareholders are inspired to speak to Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or on the web at http://kaskelalaw.com/scenario/devon-electricity-corp/, for further details about this investigation and their authorized rights and selections.

Kaskela Legislation LLC exclusively signifies traders in securities fraud, corporate governance, and merger & acquisition litigation.  For extra information about Kaskela Law LLC be sure to visit www.kaskelalaw.com. 

Call:

D. Seamus Kaskela, Esq.
KASKELA Law LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
[email protected] 
www.kaskelalaw.com

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Contact Data:

D. Seamus Kaskela, Esq.
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KASKELA Legislation LLC
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18 Campus Boulevard, Suite 100
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Newtown Sq., PA 19073
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(484) 258 – 1585
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(888) 715 – 1740
[email protected] 

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