NEW YORK, Oct. 6, 2014 /PRNewswire/ -- Levi & Korsinsky
is investigating the Board of Directors of Apco Oil & Gas
International Inc. ("Apco Oil" or "the Company") (Nasdaq: APAGF)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Pluspetrol
Resources Corporation.
Click here to learn more about the investigation:
http://zlk.9nl.com/apco-oil-apagf.
Under the terms of the transaction, holders of Apco Oil Class A
and common stock will receive $14.50
in cash for each share of Apco Oil stock they own. The
investigation concerns whether the Board of Apco Oil breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Pluspetrol Resources Corporation is underpaying for Apco Oil
shares. In particular, Apco Oil stock traded above the offer price
in July of this year.
If you own Apco Oil common stock and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/apco-oil-apagf.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 28 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP