Faruqi & Faruqi, LLP Announces the Investigation of Spectra Energy Corp. (SE) Over the Proposed Sale of the Company to Enbridge Inc.
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Spectra Energy Corp. (“Spectra Energy” or the “Company”) (NYSE:SE) for potential breaches of fiduciary duties in connection with the sale of the Company to Enbridge Inc. (“Enbridge”) for approximately $28 billion.
The Company’s stockholders will only receive 0.984 shares of the combined company for each share of Spectra Energy common stock they own. Based on the closing price on September 2, 2016, the transaction values Spectra Energy stock at a price of $40.33 per share.
If you own common stock in Spectra Energy and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Nadeem Faruqi, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330. You may also contact Juan E. Monteverde, Esq. either via email at email@example.com or by telephone at (212) 971-1341.
Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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