|Company name||Isramco, Inc.|
NEW YORK, May 21, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Isramco, Inc. (NASDAQ: ISRL) on behalf of Isramco shareholders concerning the proposed acquisition of the company by Naphtha Israel Petroleum Corporation Ltd.
Pursuant to the proposed transaction, announced on May 20, 2019, Isramco shareholders will receive $121.40 in cash for each share of Isramco common stock owned. The investigation focuses on whether Isramco and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Isramco shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.