Denbury Resources Inc. is an American oil and natural gas company.

According to the Complaint filed on April 28, 2010, this action was brought on behalf of all former shareholders whose shares were acquired by the Defendants, to address the proxy and other securities law violations and breach of contract by the Defendants and its officers and directors, who as a result of the conduct complained of, issued and signed a Joint Proxy Statement/Prospectus (the "Proxy Statement") which was materially inaccurate and misleading and breached their contractual obligations to the Plaintiff shareholders.

On May 27, 2010, an Amended Class Action Complaint was filed by the Plaintiffs against the Defendants.

On June 18, 2010, the Court issued an order staying this action until after the final resolution of an earlier-filed action pending in the Court of Chancery in the State of Delaware.

On February 07, 2011, an order was issued by the Court lifting the stay from the June 2010.

On March 15, 2011, the Defendant Denbury Resources Inc. filed a motion to dismiss which was denied on August 17, 2011.

On September 28, 2012, the Court issued an Order denying Plaintiff's motion for judgment on the pleadings. However, the Court granted the Plaintiff's motion to certify a class, to be appointed class representative, and to appoint class Counsel.

On February 11, 2013, the United States Court of Appeals for the Second Circuit issued an Order granting Defendant's petition to appeal the district court's order.

On July 10, 2013, the Plaintiffs filed their Second Amended Complaint.

On July 14, 2014, the Court issued an Order dismissing Count II of the Second Amended Complaint.

On April 7, 2015, the parties entered into a Stipulation of Settlement. This Settlement was preliminarily approved by the Court on April 24. The Court granted final approval of the Settlement and dismissed this case on July 20.