Le Lézard
Classified in: Business
Subject: ATY

OMEGA (OME) Alert: Johnson Fistel Investigates Proposed Sale of Omega Protein Corporation; Are Shareholders Getting a Fair Price?


SAN DIEGO, Oct. 6, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Omega Protein Corporation (NYSE: OME) ("Omega Protein") breached their fiduciary duties in connection with the proposed sale of the Company to Cooke Inc. Omega Protein develops, produces, and delivers products to enhance the nutritional integrity of foods, dietary supplements, and animal feeds worldwide.

On October 6, 2017, Omega Protein announced that it had signed a definitive merger agreement with Cooke. Terms of the deal call for shareholders to receive $22 per share for each share of Omega Protein stock they own.

The investigation concerns whether the Omega Protein board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Omega Protein shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal price represents adequate consideration, especially given one Wall Street analyst has a $26.00 price target on the stock. The 52-week high for Omega Protein is $26.99.

If you are a shareholder of Omega Protein and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

 

SOURCE Johnson Fistel, LLP


These press releases may also interest you

at 07:50
The Marcus Corporation Announces First Quarter Fiscal 2024 Release Date and Conference Call
The Marcus Corporation today announced it will report results for the first quarter of fiscal 2024 prior to the stock market open on Thursday, May 2, 2024. The release will be followed by a conference call at 10:00 a.m. Central/11:00 a.m. Eastern...

at 07:45
ZKH Group Limited Files Its 2023 Annual Report on Form 20-F
ZKH Group Limited ("ZKH" or the "Company") , a leading maintenance, repair and operations ("MRO") procurement service platform in China, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the...

at 07:45
Jacobs to Support Design, Construction and Operations for Seawater Desalination Plant
Jacobs was selected by Water Corporation, the largest water utility in Western Australia, to design, build, operate and maintain the Alkimos Seawater Desalination Plant in Perth, Australia. The project, part of an alliance with Water Corporation and...

at 07:40
Silver Mountain Announces Upsize of Previously Announced Public Offering of Units to $9 Million
Silver Mountain Resources Inc. ("Silver Mountain" or the "Company"), is pleased to announce that it has upsized its previously announced public offering (the "Offering") of units (the "Units") to up to $9,000,035 from $7,502,000, at a price of...

at 07:36
Jianpu Technology Inc. Files 2023 Annual Report on Form 20-F
Jianpu Technology Inc. ("Jianpu" or the "Company") , a leading independent open platform for the discovery and recommendation of financial products in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December...

at 07:30
ZTO Express to Hold Annual General Meeting on June 18, 2024
ZTO Express (Cayman) Inc.  ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its annual general meeting of shareholders ("AGM") on Tuesday, June 18, 2024, at 2 p.m. (local time),...

More news about Business...


News published on and distributed by: