DALLAS--(BUSINESS WIRE)--Goldfarb Branham LLP is investigating whether the Board of Directors of Massey Energy Company (NYSE: MEE) violated shareholder protection laws in connection with the proposed buyout by Alpha Natural Resources for $69.33 per share in a stock and cash deal. If you are a Massey Energy shareholder – or have knowledge of this transaction – contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.
“Massey Energy shareholders will receive $10.00 in cash and 1.025 Alpha shares for each Massey share they own,” securities lawyer Hamilton Lindley said. “This represents an approximate 21 percent premium over Massey’s closing price on Friday and is expected to close by mid-year. Our potential class action lawsuit seeks to ensure that the Board of Directors maximizes value for Massey Energy investors in this buyout.”
Goldfarb Branham’s lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact of this buyout on Massey shareholders.