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Case Status:    DISMISSED    
On or around 10/21/2016 (Date of order of final judgment)

Filing Date: June 01, 2015

According to the Complaint, on May 21, 2015, Vanguard and the Partnership announced a definitive agreement under which Vanguard, through its wholly owned subsidiary Talon Merger Sub, LLC (“Merger Sub”), will acquire all of the outstanding units of Eagle Rock for 0.185 Vanguard units per Eagle Rock unit (the “Proposed Transaction”). Based on the closing price of Vanguard’s units on May 21, 2015, the implied per unit price that Eagle Rock unitholders will receive is $3.05. Inclusive of debt, the Proposed Transaction is valued at approximately $614 million and is expected to close in the third quarter of 2015. The Complaint alleges the Board has breached its fiduciary duties by agreeing to the Proposed Transaction for inadequate consideration.

The Court ordered this case dismissed with prejudice on October 21, 2016.

COMPANY INFORMATION:

Sector: Energy
Industry: Oil & Gas Operations
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: EROC
Company Market: NASDAQ
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.
COURT: S.D. Texas
DOCKET #: 15-CV-01470
JUDGE: Hon. Sim Lake
DATE FILED: 06/01/2015
CLASS PERIOD START: 05/21/2015
CLASS PERIOD END: 06/01/2015
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Levi & Korsinsky, LLP
    30 Broad Street, 15 1h Floor, Levi & Korsinsky, LLP, NY 10004
    212.363.7500 212.363-7171 ·
  2. The Bilek Law Firm, L.L.P.
    808 Travis, Suite 802, The Bilek Law Firm, L.L.P., TX 77002
    713.227.7720 713.227.7720 ·
No Document Title Filing Date
COURT: S.D. Texas
DOCKET #: 15-CV-01470
JUDGE: Hon. Sim Lake
DATE FILED: 02/12/2016
CLASS PERIOD START: 05/21/2015
CLASS PERIOD END: 06/01/2015
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Curtis V. Trinko LLP
    16 West 46th Street 7th Floor, Curtis V. Trinko LLP, NY 10036
    212.490.9550 212.986.0158 · ctrinko@trinko.com
  2. Edison, McDowell & Hetherington LLP

    ·
  3. Powers Taylor LLP

    ·
  4. Robbins Geller Rudman & Dowd LLP (San Diego)
    655 West Broadway, Suite 1900, Robbins Geller Rudman & Dowd LLP (San Diego), CA 92101
    619.231.1058 619.231.7423 ·
  5. The Briscoe Law Firm, PLLC
    The Preston Commons, 8117 Preston Road, Suite 300, The Briscoe Law Firm, PLLC, TX 75255
    214.706.9314 214.706.9315 ·
No Document Title Filing Date