SHAREHOLDER ALERT: Monteverde & Associates PC Announces Investigation of Vine Energy, Inc.

Posted: Oct 1, 2021, 10:25 PM EDT|Update: 7 hours ago

NEW YORK, October 1, 2021 / PRNewswire / – Juan Monteverde, founder and managing partner of Monteverde & Associates PC, a nationally-rated brokerage Top 50 in the 2018-2020 ISS Securities Class Action Services report and headquartered at the Empire State Building in New York City, investigation Vine Energy, Inc. (“VEI” or the “Company”) (VEI) on its proposed acquisition by Chesapeake Energy Corp. Under the agreement, VEI shareholders will receive 0.2486 Chesapeake shares and $ 1.20 in cash per VEI share they own.

The investigation focuses on whether Vine Energy, Inc. and its board of directors violated securities laws and / or violated their fiduciary duties to the company by 1) failing to conduct a fair process and 2) whether the transaction is correctly evaluated.

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About Monteverde & Associates PC

We are a national securities class action law firm that has collected millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services report. Our lawyers have significant experience in M&A litigation and securities class actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of lawyers in a particular area. He was also selected by Martindale-Hubbell as Top Rated Lawyer 2017-2020. Recent successes for our firm include changing the law in a significant victory that lowered the level of liability under Section 14 (e) of the Exchange Act in the Ninth Circuit. Subsequently, our firm managed to preserve this victory by obtaining the rejection of a writ of certiorari granted out of recklessness in the United States Supreme Court. Emulex Corp. vs. Varjabedian, 139 S. Ct. 1407 (2019). Additionally, over the years, the company has recovered or secured more than a dozen mutual funds in cash for shareholders in M&A class actions.

If you own common shares of the Company and would like additional information and protect your investments for free, please see our website or contact Juan E. Monteverde, Esq. either by email at [email protected] or by phone at (212) 971-1341.

Juan E. Monteverde, Esq.
The empire state building
350 Fifth Ave. Suite 4405
New York, New York State 10118
united states of america
[email protected]
Phone. : (212) 971-1341

Lawyer advertising. (C) 2021 Monteverde & Associés PC. The law firm responsible for this announcement is Monteverde & Associates PC ( Past results do not guarantee a similar result with respect to any future matters.

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