WildHorse Resource Development Corporation
Attention investors who purchased shares of WildHorse Resource Development Corporation before October 30, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of WildHorse Resource Development Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Chesapeake Energy Corporation for approximately $3.977 billion.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of WildHorse Resource Development Corporation (“WildHorse” or the “Company”) (NYSE: WRD) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Chesapeake Energy Corporation (“Chesapeake”) (NYSE: CHK) in a transaction valued at approximately $3.977 billion. Under the terms of the agreement, shareholders of WildHorse can elect to receive either 5.989 shares of Chesapeake common stock or a combination of 5.336 shares of Chesapeake common stock and $3.00 in cash for each share of WildHorse common stock.
If you own common stock of WildHorse and purchased any shares before October 30, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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