The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Atlas Energy, L.P. (NYSE:ATLS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Atlas Energy to maximize shareholder value before agreeing to be acquired by Targa Resources Corp. (NYSE:TRGP).

If you would like to join the action, go to http://rosenlegal.com/cases-398.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, unit-holders will receive $9.12 in cash, 0.1809 of a share of Targa Resources common stock, and a pro rata share in Atlas Energy’s distributed non-midstream assets for each common unit of Atlas Energy they own. The proposed transaction is valued at approximately $1.9 billion. The investigation relates to whether the proposal is fair to public shareholders and whether Atlas Energy’s Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Atlas Energy and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-398.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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