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Chancery Tosses Investor Challenge To $1B Energy Co. Sale

Delaware Chancery Court has rejected all counts and claims in a stockholder suit seeking damages for alleged fiduciary duty breaches in connection with the sale of Roan Resources Inc. for more than $1 billion, citing in part failures to identify actionable breaches or conflicted acts.
United States Cindy Harcum Paula Fioravanti Citizen Energy Roan Resources Inc Delaware Chancery Court
Source: law360.com

Chancery Tosses Investor Challenge To $1B Energy Co. Sale

Delaware Chancery Court has rejected all counts and claims in a stockholder suit seeking damages for alleged fiduciary duty breaches in connection with the sale of Roan Resources Inc. for more than $1 billion, citing in part failures to identify actionable breaches or conflicted acts.
United States Cindy Harcum Paula Fioravanti Citizen Energy Roan Resources Inc Delaware Chancery Court
Source: law360.com

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