WILMINGTON, Del., May 10, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
- Do you own units of Buckeye Partners, L.P. (NYSE: BPL)?
- Did you purchase any of your units prior to May 10, 2019?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Buckeye Partners, L.P. (“Buckeye” or the “Company”) (NYSE: BPL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by IFM Investors in a transaction valued at approximately $6.5 billion. Under the terms of the agreement, unitholders of Buckeye will receive $41.50 in cash for each unit of Buckeye common stock.
If you own common stock of Buckeye and purchased any units before May 10, 2019, 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 info@rl-legal.com, 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.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com