LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of C&J Energy Services, Inc (“C&J” or the “Company”) (NYSE:CJES) in connection with their assent to a definitive merger agreement with Nabors Industries Ltd and Nabors Red Lion Limited. Pursuant to the terms of the proposed acquisition, each share of C&J common stock will be converted into the right to receive one share of common stock of Red Lion Limited.
This investigation concerns whether the Board of Directors of C&J breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.
If you are a shareholder of C&J, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to firstname.lastname@example.org. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.