DALLAS, May 1, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP announce an investigation into alleged violations of shareholder protection laws by officers and directors of GeoResources, Inc. (NASDAQ: GEOI) in connection with a buyout agreement for $37.97 per share to Halcon Resources Corporation. Concerned GEOI investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org about their rights and remedies.
"The agreement represents a mere 24% premium when at least one analyst has targeted GEOI stock value at $43 per share," said Hamilton Lindley. "Our proposed investor class action seeks to ensure that the board has adequately shopped the company and is disclosing all material benefits and costs so that GEOI shareholders' interests are protected in accordance to the board of directors' fiduciary duties."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide GEOI stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at email@example.com or 877-583-2855 with questions or concerns.
Hamilton Lindley Goldfarb LLP2501 N. Harwood, Ste. 1801 Dallas, TX 75201(877) 583-2855 Toll Free Telephone (214) 583-2233 Local Phone Number (214) 583-2234 Fax Number www.goldfarbllp.comSOURCE Goldfarb LLP