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Teekay LNG Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Teekay LNG Partners L.P. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – TGP

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NEW YORK, October 04, 2021--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Teekay LNG Partners L.P. (NYSE: TGP) to Stonepeak for $17.00 in cash per common unit or common unit equivalent is fair to Teekay LNG shareholders.

Halper Sadeh encourages Teekay LNG shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Teekay LNG and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Teekay LNG shareholders; (2) determine whether Stonepeak is underpaying for Teekay LNG; and (3) disclose all material information necessary for Teekay LNG shareholders to adequately assess and value the merger consideration. On behalf of Teekay LNG shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Teekay LNG shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211004005844/en/

Contacts

Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

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