BALA CYNWYD, Pa., Jan. 26,
2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC
announces that it is investigating potential claims against the
Board of Directors of Regency Energy Partners L.P. ("Regency
Energy" or "the Company") (NYSE-RGP-News) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to Energy Transfer Partners ("ETP").
Click here to learn more about the investigation
http://brodsky-smith.com/880-rgp-regency-energy-partners-lp.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Regency Energy shareholders
will only receive 0.4066 shares of ETP and $0.32 in cash for each share of Regency Energy
stock they own. The transaction values the Company at only
approximately $26.89 per share. The
investigation concerns whether the Board of Regency Energy
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether ETP is underpaying for Regency Energy. The
transaction may undervalue Regency Energy and will result in a loss
for many shareholders. For example, Regency Energy shares
traded at $32.98 on August 29, 2014 and an analyst has set a
$34.00 per share price target on the
stock.
If you own shares of Regency Energy and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/880-rgp-regency-energy-partners-lp.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC