27.01.2017 00:45:00
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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Seventy Seven Energy Inc. - SVNT
NEW YORK, Jan. 26, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Seventy Seven Energy, Inc. ("Seventy Seven" or the "Company")(OTCMKTS: SVNT) and its Board of Directors for potential securities laws violations and/or breaches of fiduciary duties in connection with the merger with Patterson-UTI Energy, Inc. (PTEN)("Merger").
Click here for more information: www.monteverdelaw.com/investigations. It is free and there is no cost or obligation to you.
The investigation focuses on whether Seventy Seven and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair sales process 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material information in connection with the upcoming shareholder meeting and Merger.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
If you own common stock in Seventy Seven and wish to obtain additional information and protect your investments free of charge, please visit us at www.monteverdelaw.com/investigations or Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. 59th Floor
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-seventy-seven-energy-inc---svnt-300397895.html
SOURCE Monteverde & Associates PC
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