SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of FX Energy, Inc.
October 15 2015 - 10:35PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of FX
Energy, Inc. ("FX Energy” or "the Company") (Nasdaq: FXEN) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to ORLEN Upstream
sp. Z.o.o. (“ORLEN”).
Click here to learn more about the investigation
http://brodsky-smith.com/989-fxen-fx-energy-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, FX Energy shareholders will
receive only $1.15 in cash for each share of FX Energy stock they
own. The investigation concerns whether the Board of FX Energy
breached their fiduciary duties to shareholders and whether ORLEN
is underpaying for FX Energy. The transaction may undervalue FX
Energy and will result in a loss for many FX Energy shareholders.
For example, FX Energy stock traded at $2.40 per share as recently
as February 18, 2015 and traded at $5.65 per share on April 30,
2014.
If you own shares of FX Energy stock 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/989-fxen-fx-energy-inc.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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version on businesswire.com: http://www.businesswire.com/news/home/20151015006861/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/989-fxen-fx-energy-inc.html
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