New York, New York--(Newsfile Corp. - June 8, 2022) - Wolf Popper LLP is investigating claims on behalf of investors in Sprague Resources LP (NYSE: SRLP) concerning the acquisition of Sprague by its controlling shareholder, Hartree Partners, LP. Under terms of the acquisition, Sprague shareholders will receive $19.00 per unit in cash.
According to Wolf Popper partner Carl Stine, "After the company caused the unit price to implode by lowering the cash distributions, it seems like Hartree, the company's controller, is trying to take advantage and buy the company on the cheap."
Wolf Popper is investigating claims on behalf of investors in Sprague concerning the transaction. Sprague's shareholders seeking more information about the transaction or Wolf Popper's investigation can contact Mr. Stine at (212) 759-4600 or cstine@wolfpopper.com.
Wolf Popper has extensive experience representing investors in mergers and acquisition investigations and lawsuits. Eight Wolf Popper attorneys were named Super Lawyers or Rising Stars in the 2021 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area for the years 2014-2020. View Wolf Popper attorney biographies at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee a Similar Outcome.
Wolf Popper LLP
845 Third Avenue
New York, NY 10022
Telephone: (212) 759-4600
Toll Free Tel.: (877) 370-7703
Toll Free Fax: (877) 370-7704
Email: cstine@wolfpopper.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126803
