Faruqi & Faruqi, LLP Announces Class Action Lawsuit Against Encore Energy Partners LP
07 October 2011 - 9:14AM
Business Wire
Notice is hereby given that a class action lawsuit is pending in
the United States District Court for the District of Delaware on
behalf of Donald A. Hysong individually and on behalf of all other
shareholders of Encore Energy Partners LP (“Encore” or the
“Company”) (NYSE: ENP) who held securities on or before July 11,
2011 and continue holding the shares (the “Class Period”). The
Class Action Complaint alleges that Encore and certain of its
officers and/or directors have violated sections 14(a) and 20(a) of
the Securities Exchange Act of 1934 and includes a claim for
equitable assessment of attorneys’ fees.
A copy of the Class Action Complaint filed in this action can be
viewed on the firm’s website at www.faruqilaw.com/ENP
On July 11, 2011, Encore and Vanguard Natural Resources, LLC
(“Vanguard”) announced that they had entered into a definitive
merger agreement (the “Merger Agreement”) pursuant to which Encore
would become a wholly-owned subsidiary of Vanguard’s operating
company, Vanguard Natural Gas, LLC, through a unit-for-unit
exchange and on September 30, 2011, Encore and Vanguard jointly
issued a Registration Statement on Form S-4 to solicit Encore
shareholders’ vote at the special meeting to be held on November
14, 2011. The Class Action Complaint alleges that, unbeknownst to
Encore’s shareholders, the Registration Statement failed to
disclose material information rendering plaintiff and other public
shareholders of Encore unable to cast an informed vote on the
Merger Agreement at the upcoming shareholder meeting.
Plaintiff is represented by Faruqi & Faruqi, LLP, a law firm
with extensive experience in prosecuting class actions, and in
particular actions involving corporate fraud and wrongdoing. Faruqi
& Faruqi, LLP, was founded in 1995 and the firm maintains
offices in New York City, Delaware, California, Florida and
Pennsylvania.
You can request additional information concerning this action by
visiting the firm’s website: www.faruqilaw.com/ENP
If you purchased Encore securities during the Class Period, you
may, no later than 60 days from October 6, 2011, move the court to
serve as lead plaintiff of the putative class, if you so choose. In
order to serve as lead plaintiff, however, you must meet certain
legal requirements. If you wish to discuss this action, or have any
questions concerning this notice or your rights or interests,
please contact:
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