WILMINGTON, Del., Jan. 5, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Uranerz Energy Corporation (NYSE MKT: URZ)?
- Did you purchase any of your shares prior to January 5, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Uranerz Energy Corporation ("Uranerz" or the "Company") (NYSE MKT: URZ) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Energy Fuels Inc. ("Energy Fuels") (NYSE MKT: UUUU).
Click here to learn more: http://www.rigrodskylong.com/investigations/uranerz-energy-corporation-urz.
Under the terms of the agreement, shareholders of Uranerz will receive 0.255 shares of Energy Fuels for each share of Uranerz. Based upon Energy Fuels' closing stock price on January 2, 2015, Uranerz shareholders would have received consideration valued at approximately $1.57 per share.
The investigation concerns whether Uranerz's board of directors failed to adequately shop the Company and obtain the best possible value for Uranerz's shareholders before entering into an agreement with Energy Fuels. According to Yahoo! Finance, at least one analyst has issued a price target for Uranerz's stock at $2.00 per share.
If you own the common stock of Uranerz and purchased your shares before January 5, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/uranerz-energy-corporation-urz.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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SOURCE Rigrodsky & Long, P.A.