NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Bill Barrett Corporation (“Bill Barrett” or the “Company”) (NYSE: BBG) stock prior to December 5, 2017.
You are hereby notified that a class action has commenced concerning the fairness of the sale of Bill Barrett to Fifth Creek Energy Operating Company, LLC. Under the terms of the transaction, Fifth Creek and Bill Barrett will become subsidiaries of Red Rider Holdco, Inc., a new publicly-listed company, with Bill Barrett shareholders receiving one share of Red Rider for each share of Bill Barrett stock they own. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of Bill Barrett breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Fifth Creek is underpaying for Bill Barrett shares, thus unlawfully harming Bill Barrett shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.