SAN DIEGO and HOUSTON,
Sept. 2, 2015 /PRNewswire/ --
Shareholder rights law firm Robbins Arroyo LLP announces that it
filed a class action lawsuit on August 18,
2015, in the U.S. District Court for the District of
Delaware (the "Court") on behalf
of the shareholders of LRR Energy, L.P. ("LRR Energy") (NYSE: LRE)
against its Board of Directors, Vanguard Natural Resources, LLC
("Vanguard"), and Lighthouse Merger Sub, LLC for, among other
things, violations of Sections 14(a) and 20(a) of the Securities
Exchange Act of 1934 (the "Exchange Act") and U.S. Securities and
Exchange Commission ("SEC") Rule 14a-9 promulgated thereunder.
LRR Energy Is Accused of Disseminating a False and
Misleading Proxy Statement
The action arises out of an April 20,
2015 press release announcing that LRR Energy had entered
into a Purchase Agreement and Plan of Merger with Vanguard pursuant
to which a subsidiary of Vanguard will merge into LRR Energy, while
Vanguard simultaneously acquires LRE GP, LLC, the general partner
of LRR Energy (collectively, "LRR Energy"), for total consideration
of $251 million in Vanguard common
units and the assumption of LRR Energy's net debt of $288 million (the "Proposed
Transaction"). The complaint seeks injunctive relief on behalf
of the named plaintiff and all other similarly situated LRR Energy
shareholders (the "Class"). The named plaintiff is represented
by Robbins Arroyo LLP.
The complaint alleges that, in an attempt to secure shareholder
approval of the Proposed Transaction, the defendants filed a
materially false and misleading Proxy Statement with the SEC in
violation of the Exchange Act. The omitted and/or misrepresented
information is believed to be material to LRR Energy shareholders'
ability to make an informed decision whether to approve the
Proposed Transaction.
If you purchased or otherwise acquired LRR Energy stock on, or
prior to, the April 20, 2015
announcement of the Proposed Transaction, and wish to serve as lead
plaintiff, you must move the Court no later than sixty days from
September 2, 2015. If you wish
to discuss this action or have any questions concerning this notice
or your rights or interests, please contact attorney Darnell R. Donahue of Robbins Arroyo LLP at
800-350-6003, via the shareholder information form on our website,
or by e-mail at info@robbinsarroyo.com. Any member of the
Class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
Class member.
Robbins Arroyo LLP, a nationally recognized leader in the area
of shareholder rights litigation, represents individual and
institutional investors in securities class action lawsuits and
shareholder derivative actions. Robbins Arroyo LLP has helped
its clients realize more than $1
billion of value for themselves and the companies in which
they have invested. Past results do not guarantee similar
outcomes. For more information about the firm, please go to
http://www.robbinsarroyo.com.
Press release link:
https://www.robbinsarroyo.com/shareholders-rights-blog/lrr-energy-l-p/
Contact:
Darnell R. Donahue
Robbins Arroyo LLP
600 B Street, Suite 1900
San Diego, CA 92101
ddonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com
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SOURCE Robbins Arroyo LLP