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Venoco, Inc. Investor Files Lawsuit To Block CEO’s Buyout Bid

  • If you purchased shares of Venoco, Inc. (NYSE: VQ) prior to the announcement and currently hold those shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

San Diego, Sept. 2, 2011 (Shareholders Foundation) -- An investor in Venoco, Inc. (NYSE: VQ) shares filed a lawsuit in effort to block the offer by Timothy Marquez, Chairman and CEO of Venoco to acquire the remaining outstanding shares of Venoco stock and take Venoco private. According to the complaint the plaintiff alleges that the offer to acquire Venoco, Inc at $12.50 per share is...



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