SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates SWN, SOLO, XOS, CHK

NEW YORK, Feb. 10, 2024 (GLOBE NEWSWIRE) — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Southwestern Energy Company (NYSE: SWN)’s sale to Chesapeake Energy Corporation for 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. Upon completion of the proposed transaction, Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis. If you are a Southwestern shareholder, click here to learn more about your rights and options.
        
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO)’s sale to Xos, Inc. for all-stock. Upon closing of the proposed transaction, ElectraMeccanica shareholders are expected to own approximately 21% of the combined company. If you are an ElectraMeccanica shareholder, click here to learn more about your rights and options.

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Xos, Inc. (NASDAQ: XOS)’s merger with ElectraMeccanica Vehicles Corp. Upon closing of the proposed transaction, ElectraMeccanica shareholders are expected to own approximately 21% of the combined company. If you are a Xos shareholder, click here to learn more about your rights and options.

Chesapeake Energy Corporation (NASDAQ: CHK)’s merger with Southwestern Energy Company. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. Upon completion of the proposed transaction, Chesapeake shareholders will own approximately 60% of the combined company, on a fully diluted basis. If you are a Chesapeake shareholder, click here to learn more about your rights and options.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].

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.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]  
https://www.halpersadeh.com

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