Faruqi & Faruqi, LLP Investigates Acquisition Of Williams Pipeline Partners L.P. - WMZ

Faruqi & Faruqi, LLP, a leading New York securities firm, is investigating the Board of Directors of Williams Pipeline Partners L.P. (“Williams” or the “Company”) (NYSE: WMZ) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Williams Partners LP (NYSE: WPZ). Under the terms of the transaction, Williams shareholders will only receive 0.7584 WPZ common units for each WMZ common unit they own at the effective time of the merger.

The investigation concerns whether the Williams Board of Directors breached their fiduciary duties to Williams stockholders by failing to adequately shop the Company before entering into this transaction and whether the transaction undervalues the Company to the detriment of Williams stockholders. Further, the investigation focuses on whether the registration statements filed with the Securities and Exchange Commission omit material information regarding the transaction.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Williams and wish to obtain additional information, please visit us at http://www.faruqilaw.com/merger.php or contact Juan E. Monteverde, Esq. either via email at [e-mail] or by telephone at [phone] or [phone].

Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

>To order reprints of this article, click here: Reprints