TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Bill Barrett Corporation (NYSE:BBG) Investor Lawsuit Over Alleged Wrongdoing In Acquisition Filed

  • If you purchased shares of Bill Barrett Corporation (NYSE:BBG), you may have certain options. Please contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Case Dismissed
Company
Bill Barrett Corporation
Security
NYSE: BBG

Case Name
Bill Barrett Deal Case 02/26/2018
Type of Lawsuit
Mergers and Acquisition
Class Period Begin
Class Period End
You must register or login to receive notifications.

Click here to subscribe to Bill Barrett Corporation.
Summary

April 19, 2018 - The case was voluntarily dismissed.
February 8, 2018 - An investor, who currently holds shares of Bill Barrett Corporation (NYSE:BBG), filed a lawsuit in effort to halt the proposed takeover of Bill Barrett Corporation.

The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:BBG stockholders by agreeing to sell Bill Barrett Corporation cheaply via an unfair process.

On December 5, 2017, Bill Barrett Corporation (NYSE: BBG) announced that it has agreed to a strategic business combination with Fifth Creek Energy Company, LLC in a transaction valued at approximately $649 million.

However, plaintiff claims that the proposed consideration NYSE: BBG shareholders will receive is grossly inadequate and undervalues Bill Barrett Corporation. In addition, the plaintiff alleges that the process is also unfair NYSE: BBG stockholders.