MILWAUKEE, July 15, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Carrizo Oil & Gas, Inc. (Nasdaq:
CRZO) for possible breaches of fiduciary duty and other
violations of the law in connection with the sale of
Carrizo to Callon.
Click here to learn how to join the action:
http://ademilaw.com/case/carrizo or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Carrizo's financial outlook is
improving and yet shareholders will receive the equivalent of only
$13.21 per share for each share of
Carrizo common stock they own. Callon is acquiring
Carrizo at a substantial discount. The merger agreement
unreasonably limits competing bids for Carrizo by prohibiting
solicitation of further bids, and imposing a termination penalty if
Carrizo accepts a superior bid. Carrizo insiders will receive
millions of dollars as part of change of control arrangements. We
are investigating on the conduct of Carrizo's board of directors,
and whether they are (i) fulfilling their fiduciary duties to all
shareholders, and (ii) obtaining a fair and reasonable price for
Carrizo.
If you own common stock in Carrizo and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/carrizo.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP