BALA CYNWYD, Pa.
Sept. 20, 2013
/PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Harvest Natural Resources, Inc. ("Harvest Natural" or the "Company") (NYSE: HNR) relating to the proposed acquisition by Pluspetrol Venezuela S.A. ("Pluspetrol").
Click here to learn more about the investigation
, or call: 877-534-2590. There is no cost or obligation to you.
It has been reported that Harvest Natural has entered into exclusive talks to sell its outstanding shares to Pluspetrol for consideration of approximately
. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Harvest Natural for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as Harvest Natural stock traded at
per share on
January 4, 2013
and the Company's global exploration portfolio is positive with its principal operations in
In addition, the investigation seeks to determine if the Board of Directors actions or inactions may have led to Harvest Natural's previous announcement that it intended to file amendments/restatements for the quarters ended
March 31, 2012
June 30, 2012
September 30, 2012
If you own shares of Harvest Natural common stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602,
Bala Cynwyd, PA
19004, by e-mail at
, by visiting
, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.