NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Arc Logistics Partners LP (NYSE: ARCX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Zenith Energy U.S., L.P. Under the terms of the deal, Arc Logistics shareholders will receive $16.50 in cash for each share of Arc Logistics they own.
The investigation concerns whether the Arc Logistics Board of Directors breached their fiduciary duties to Arc Logistics stockholders by failing to adequately shop the Company before entering into this transaction and whether Zenith Energy U.S., L.P. is underpaying for Starwood Waypoint shares, thus unlawfully harming Arc Logistics stockholders.
If you own common stock in Arc Logistics and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or http://docs.wongesq.com/ARCX-Info-Request-Form-1700.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.