Business News • MarketWire • Abraham, Fruchter & Twersky, LLP Announces Filing of Eagle Rock Energy Partners, L.P. Law Suit |
Abraham, Fruchter & Twersky, LLP Announces Filing of Eagle Rock Energy Partners, L.P. Law Suit |
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Abraham, Fruchter & Twersky, LLP Announces Filing of Eagle Rock Energy Partners, L.P. Law Suit
NEW YORK, NY--(Marketwire - February 9, 2010) - Abraham, Fruchter & Twersky, LLP today
announced that it filed a lawsuit in the Delaware Court of Chancery on
behalf of a common unitholder of Eagle Rock Energy Partners, L.P. (NASDAQ: EROC) ("Eagle Rock" or the "Partnership") and all others similarly
situated, and also derivatively on behalf of the Partnership. The
complaint alleges that the controlling parties of Eagle Rock, through a
complex series of proposed transactions, and through a materially false and
misleading proxy statement, seek to enrich themselves at the expense of
Eagle Rock and those common unitholders who are not affiliated with the
Defendants or the Partnership's controlling entities (the "Public
Unitholders"). The Defendants named in the complaint include the
Partnership's general partner, the latter's' general partner, which has a
board of directors that makes the management decisions regardin
View More : http://www.marketwire.com/mw/release.do?id=1114904&sourceType=3
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