WeissLaw LLP, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
WeissLaw LLP, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Copano Energy, L.L.C. (“Copano” or the “Company”) (NASDAQ: CPNO) arising from its agreement for Copano to be acquired by Kinder Morgan Energy Partners, L.P. (“Kinder”) in an all-stock transaction valued at approximately $3.2 billion. Under the terms of the proposed transaction Copano shareholders will receive 0.4563 shares of Kinder’s shares for each share of Copano owned, for an approximate value of $40.91 per share. WeissLaw LLP is investigating whether Copano’s Board acted in the best interests of its public shareholders by actively shopping the Company to maximize shareholder value for Copano’s public shareholders, prior to entering into the proposed transaction with Kinder. If you own Copano shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Michael A. Rogovin either by telephone at (888) 593-4771 or by email at firstname.lastname@example.org. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at email@example.com or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/. Attorney Advertising. Past results do not guarantee a similar outcome.
Copano Energy (Nasdaq:CPNO) hit a new 52-week high Wednesday as it is currently trading at $41.52, above its previous 52-week high of $41.41 with 16,138 shares traded as of 9:35 a.m. ET. Average volume has been 926,100 shares over the past 30 days.