NEW YORK

,

Oct. 14, 2020

/PRNewswire/ —


Juan Monteverde


, founder and managing partner at

Monteverde & Associates PC

, a national securities firm headquartered at the

Empire State Building

in

New York City

, is investigating WPX Energy, Inc. (“WPX” or the “Company”) (

WPX

) relating to its proposed acquisition by Devin Energy Corporation (“DVN”). Under the terms of the agreement, WPX shareholders will receive 0.5165 shares of DVN for each share of WPX common stock that they own, an implied per-share merger consideration of $4.94.

The investigation focuses on whether WPX Energy, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process and 2) whether and by how much this proposed transaction undervalues the Company.

Click here for more information:

Standard Diversified Inc.

.


It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

We are a national class action securities litigation law firm

that has recovered millions of dollars

and

is


committed to protecting shareholders

from corporate wrongdoing.  Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions.  Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by

Martindale

-Hubbell as a 2017-2019 Top Rated Lawyer.  Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court.

Emulex Corp. v. Varjabedian

, 139 S. Ct. 1407 (2019).  Also, in 2019 we recovered money for shareholders in 6 mergers & acquisitions class action cases.

If you own common stock in WPX Energy, Inc. and wish to obtain additional information and protect your investments free of charge, please visit our


website


or contact

Juan E. Monteverde, Esq.

either via e-mail at


[email protected]


or by telephone at (212) 971-1341.

Contact:


Juan E. Monteverde, Esq.


MONTEVERDE & ASSOCIATES PC


The Empire State Building


350 Fifth Ave. Suite 4405


New York, NY

10118


United States of America



[email protected]


Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (

www.monteverdelaw.com

).  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC