Kaskela Regulation LLC Announces Shareholder Investigation of Devon Energy Corp. (DVN) Subsequent Merger Arrangement

Nov 13, 2020 11:11 AM ET

Legal Newswire Run BY Legislation.COM

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

On September 28, 2020, Devon announced that it experienced entered into an agreement to combine with WPX Power, Inc. (“WPX”).  In connection with the proposed company mixture, Devon plans to problem somewhere around 290 million shares of frequent inventory to WPX’s shareholders, who are envisioned to possess 43% of the combined corporation upon completion of the transaction.

The investigation seeks to establish whether Devon’s executive officers and directors violated the securities legislation and/or breached their fiduciary responsibilities in connection with the proposed transaction, and whether the transaction as structured is truthful to Devon’s shareholders.

Devon shareholders are inspired to speak to Kaskela Regulation LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or on the web at http://kaskelalaw.com/case/devon-strength-corp/, for added data about this investigation and their legal rights and choices.

Kaskela Regulation LLC solely represents traders in securities fraud, corporate governance, and merger & acquisition litigation.  For additional information about Kaskela Regulation LLC make sure you visit www.kaskelalaw.com. 

Make contact with:

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

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Call Facts:

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

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Tags: Wire, Authorized Newswire, United States, English