On or around 02/12/2020 (Other)
Filing Date: August 18, 2015
According to the Complaint, it is alleged the Proposed Acquisition is designed to unlawfully divest LRR Energy unitholders of the Company's valuable assets for grossly inadequate consideration and without fully disclosing all material information concerning the transaction to unitholders.
The Court issued an Order appointing Lead Plaintiff and Counsel on January 20, 2016. Lead Plaintiff filed an amended complaint on June 22.
On March 13, 2017, the Court issued an Order denying Defendants' motion to dismiss.
On January 2, 2018, the Court issued an Order granting Plaintiff's motion to certify a class in this action. The Court also issued an Order denying Defendants' Motions for Summary Judgment. On March 8, the Court dismissed two of the Company Defendants, pursuant to the Bankruptcy Plan. On June 27, the parties entered into a Stipulation of Settlement. On July 11, the parties filed an addendum to the Stipulation of Settlement, modifying the Class definition. On July 25, the parties filed a second addendum to the Stipulation of Settlement. The Court granted preliminary approval of the Settlement on July 31. On December 14, the Court granted final approval of the Settlement and entered Final Judgment. On December 19 the Judgment Order was amended.
Company & Securities Information
Defendant: LRR Energy, L.P.
Industry: Oil & Gas Operations
Headquarters: United States
Ticker Symbol: LRE
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Robert Hurwitz, et al. v. LRR Energy, L.P., et al.