PBFX Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of PBF Logistics LP Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of PBF Logistics LP (NYSE: PBFX) to PBF Energy Inc. for 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest, is fair to PBF Logistics shareholders.

Halper Sadeh encourages PBF Logistics shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether PBF Logistics and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for PBF Logistics shareholders; (2) determine whether PBF Energy is underpaying for PBF Logistics; and (3) disclose all material information necessary for PBF Logistics shareholders to adequately assess and value the merger consideration. On behalf of PBF Logistics shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages PBF Logistics shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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