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Lawsuit Overview
Oct. 15, 2012 (Shareholders Foundation) -- An investor in shares of Union Drilling, Inc. (NASDAQ:UDRL) filed a lawsuit in effort to block the takeover of Union Drilling, Inc. for $6.50 per NASDAQ:UDRL share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:UDRL investors arising out of the attempt to sell the company too cheaply via an unfair p...
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