Levi & Korsinsky is investigating the Board of Directors of Quicksilver Resources Inc. for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a letter from a group called Quicksilver Energy, L.P. indicating an interest in potentially acquiring the Company.
New York, NY, October 19, 2010 — Levi & Korsinsky is investigating the Board of Directors of Quicksilver Resources Inc. (NYSE:KWK) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a letter from a group called Quicksilver Energy, L.P. (“Quicksilver Energy”) indicating an interest in potentially acquiring the Company. The group is controlled by members of the Darden family, including Thomas Darden, Quicksilver Resources’ Chairman of the Board, and Glenn Darden, Quicksilver Resources’ President and Chief Executive Officer. Quicksilver Energy is requesting an amendment to Quicksilver Resources’ rights plan in order to facilitate discussions between the investor group and other potential investors regarding a potential transaction.
Click here to learn how to join the action: http://www.zlk.com/quicksilver-kwk.html, or call: 877-363-5972.
The investigation concerns whether the Quicksilver Resources’ Board of Directors are breaching their fiduciary duties to stockholders by failing to undertake a fair process to obtain full and fair consideration for all stockholders of Quicksilver Resources.
If you own common stock in Quicksilver Resources and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/quicksilver-kwk.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.
Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street – 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com
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Contact:
Jared Morine
Levi & Korsinsky, LLP
30 Broad Street, 15th Floor
New York, NY 10004
212-363-7500
[email protected]
