MRO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Marathon Oil Corporation Is Fair to Shareholders

Published 7 months ago via Business Wire

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Marathon Oil Corporation (NYSE: MRO) to ConocoPhillips for 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock is fair to Marathon Oil shareholders.

Halper Sadeh encourages Marathon Oil shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Marathon Oil and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Marathon Oil shareholders; (2) determine whether ConocoPhillips is underpaying for Marathon Oil; and (3) disclose all material information necessary for Marathon Oil shareholders to adequately assess and value the merger consideration.

On behalf of Marathon Oil shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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