SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Pioneer Southwest Energy Partners L.P. in Connection with the Sale of the...

NEW YORK, Aug. 15, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Pioneer Southwest Energy Partners L.P. ("Pioneer Southwest" or the "Company") (NYSE: PSE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Pioneer Natural Resources Company (NYSE: PXD).

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Click here to learn how to join the action: http://zlk.9nl.com/pioneer-southwest-energy-partners-pse/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Pioneer Southwest shareholders will receive 0.2325 shares of Pioneer Natural Resources Company stock for each share of Pioneer Southwest stock they own. The investigation concerns, among other things, whether the consideration to be paid to Pioneer Southwest shareholders is unfair, inadequate, and substantially below the fair or inherent value of Pioneer Southwest.

If you own common stock in Pioneer Southwest 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 http://zlk.9nl.com/pioneer-southwest-energy-partners-pse/.  

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:    
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

SOURCE Levi & Korsinsky, LLP