This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

EQU SHAREHOLDER ALERT: Wohl & Fruchter Investigating The Acquisition Of Equal Energy Ltd. By Petroflow

The law firm of Wohl & Fruchter LLP is investigating the acquisition of Equal Energy Ltd. (Equal) (NYSE:EQU) by Petroflow Energy Corporation and Petroflow Canada Acquisition Corp. (Petroflow).

On December 9, 2013, Equal announced that it had agreed to be acquired by Petroflow for $5.43 per share in cash. The buyout price represents a measly 1% premium over the last closing price of $5.37/share on December 6, 2013, prior to the announcement. Further, under the agreement with Petroflow, Equal has agreed that it will not solicit or initiate discussions with respect to any other business combination or sale of material assets.

Wohl & Fruchter’s investigation concerns whether Equal’s board of directors breached its fiduciary duties to stockholders by agreeing to sell the Company for an inadequate price, and failing to adequately shop the Company before agreeing to enter into the transaction with Petroflow.

Additional information is available at

Persons with relevant information, and EQU shareholders with questions about this investigation, are invited to contact our Firm by calling 866.833.6245, or contacting the attorney below.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website,, to learn more about our Firm, or contact one of our partners.

This release may be deemed to constitute attorney advertising.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free


DOW 18,285.74 +0.34 0.00%
S&P 500 2,130.82 +4.97 0.23%
NASDAQ 5,090.7940 +19.0510 0.38%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs