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Venoco, Inc. Investors File Lawsuit In Effort To Stop Going Private Offer

  • 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, Jan. 24, 2012 (Shareholders Foundation) -- An investor in shares of NYSE: VQ filed a lawsuit in State Court against directors of Venoco, Inc in effort to block the proposed acquisition of Venoco by its Chairman and CEO for $12.50 per share in cash. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to Venoco, Inc. (NYS...



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