{"id":396688,"date":"2020-12-09T13:57:22","date_gmt":"2020-12-09T18:57:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396688"},"modified":"2020-12-09T13:57:22","modified_gmt":"2020-12-09T18:57:22","slug":"shareholder-alert-weisslaw-llp-investigates-consol-energy-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\/","title":{"rendered":"SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc."},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, Dec. 9, 2020<\/span> \/PRNewswire\/ — WeissLaw LLP<\/a>\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CONSOL Energy Inc. (“CEIX” or the “Company”) (NYSE: CEIX) in connection with the proposed interested-party transaction, pursuant to which CEIX will acquire all of the minority units of CONSOL Coal Resources LP (“CCR”) that it does not already own. \u00a0Under the terms of the acquisition agreement, CCR unitholders will receive 0.73 shares of CEIX common stock for each CCR unit that they own. \u00a0CEIX will issue approximately 8.0 million shares as part of the merger consideration contemplated by the proposed transaction (the “Share Issuance”), representing approximately 22.2% of the total CEIX shares that will be outstanding on a pro forma basis.<\/p>\n

\n

\n
\n \"WeissLaw
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n
\n If you own CEIX shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u>
\n <\/b>\n <\/p>\n

\n
\n http:\/\/www.weisslawllp.com\/CEIX\/<\/a>
\n <\/b>\n <\/p>\n

\n
\n Or please contact:
<\/u>
\n <\/b>
\n
\n Joshua Rubin, Esq.<\/span>
\n
\n <\/b>WeissLaw LLP
1500 Broadway, 16th<\/sup> Floor
New York<\/span>, NY\u00a0 10036
(212)\u00a0682-3025
<\/b>(888) 593-4771
stockinfo@weisslawllp.com<\/a><\/b><\/p>\n

WeissLaw is investigating whether: (i) CEIX’s board acted in the best interest of CEIX’s public shareholders in agreeing to acquire CCR, (ii) the board was fully informed as to the potentially dilutive effect of the Share Issuance, and (iii) all information regarding the process undertaken by the board and the financial analyses supporting the transaction is fully and fairly disclosed to CEIX’s public shareholders.\u00a0 These issues are of particular concern given the divergent interests CEIX has by virtue of its ownership of a majority of CCR’s outstanding units.\u00a0 <\/p>\n

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.\u00a0 We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.\u00a0 If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com<\/a><\/b><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc-301189746.html<\/a><\/p>\n

SOURCE WeissLaw LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Dec. 9, 2020 \/PRNewswire\/ — WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CONSOL Energy Inc. (“CEIX” or the “Company”) (NYSE: CEIX) in connection with the proposed interested-party transaction, pursuant to which CEIX will acquire all of the minority units of CONSOL Coal Resources LP (“CCR”) that it does not already own. \u00a0Under the terms of the acquisition agreement, CCR unitholders will receive 0.73 shares of CEIX common stock for each CCR unit that they own. \u00a0CEIX will issue approximately 8.0 million shares as part of the merger consideration contemplated by the proposed transaction (the “Share Issuance”), representing approximately 22.2% of the total CEIX shares … <\/p>\n

Continue reading “SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-396688","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 9, 2020 \/PRNewswire\/ — WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CONSOL Energy Inc. (“CEIX” or the “Company”) (NYSE: CEIX) in connection with the proposed interested-party transaction, pursuant to which CEIX will acquire all of the minority units of CONSOL Coal Resources LP (“CCR”) that it does not already own. \u00a0Under the terms of the acquisition agreement, CCR unitholders will receive 0.73 shares of CEIX common stock for each CCR unit that they own. \u00a0CEIX will issue approximately 8.0 million shares as part of the merger consideration contemplated by the proposed transaction (the “Share Issuance”), representing approximately 22.2% of the total CEIX shares … Continue reading "SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-09T18:57:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc.\",\"datePublished\":\"2020-12-09T18:57:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/\"},\"wordCount\":374,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/743985\\\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-consol-energy-inc\\\/\",\"name\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates CONSOL Energy Inc. - 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