INVESTOR ALERT: Faruqi & Faruqi, LLP Announces The Investigation Of PetroLogistics LP (PDH) Over The Proposed Sale Of The Company To Koch Industries Inc.

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PetroLogistics LP (“PetroLogistics” or the “Company”) (NYSE: PDH) for potential breaches of fiduciary duties in connection with the sale of the Company to Koch Industries for approximately $2.1 billion. Koch’s Flint Hills Resources LLC unit will pay $12 a share for the stock held by private-equity firm Lindsay Goldberg LLC, York Capital Management, PetroLogistics’s chairman and its chief executive officer. The rest of the shares will be purchased for $14 each.

Click here for more information: www.faruqilaw.com/PDH . There is no cost or obligation to you.

The investigation focuses on whether the PetroLogistics Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of PetroLogistics shareholders.

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, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in PetroLogistics and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/PDH or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2014 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.

Copyright Business Wire 2010

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