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Brigham Exploration Company Investors File Lawsuits To Stop Merger

  • If you purchased shares of Brigham Exploration Company (NASDAQ: BEXP) prior to the announcement and currently hold those shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

San Diego, Oct. 21, 2011 (Shareholders Foundation) -- At least two investors in Brigham Exploration Company (NASDAQ: BEXP) filed lawsuits in State Courts in effort to block to proposed takeover of Brigham Exploration by Statoil ASA for $36.50 per NASDAQ:BXEP share. According to the complaints the plaintiffs allege that the defendants breached their fiduciary duties arising out of the...



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