CHRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Chord Energy Corporation Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation is fair to Chord shareholders. Under the terms of the proposed transaction, each common share of Enerplus will be exchanged for 0.10125 shares of Chord common stock and $1.84 per share in cash. Upon completion of the proposed transaction, Chord shareholders will own approximately 67% of the combined company.

Halper Sadeh encourages Chord shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Chord and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Chord shareholders; and (2) disclose all material information necessary for Chord shareholders to adequately assess and value the merger consideration.

On behalf of Chord shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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