Shareholders in EnergyClayton Williams Energy have filed a lawsuit alleging that the planned $3.2bn acquisition of the company by Noble Clayton Williams Energy falls short of expectations. The lead plaintiff, Alan Sobel, has pointed out that the stock more than tripled in value from $29.53 to $103.98 per share before the announcement of the merger was made.
Shareholders in Clayton Williams Energy have filed a lawsuit alleging that the planned $3.2bn acquisition of the company by Noble Energy falls short of expectations. The lead plaintiff, Alan Sobel, has pointed out that the stock more than tripled in value from $29.53 to $103.98 per share before the announcement of the merger was made.