Faruqi & Faruqi, LLP Launches An Investigation Against Helmerich & Payne Inc. (HP) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Helmerich & Payne, Inc. (“Helmerich & Payne” or the “Company”) (NYSE: HP) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the compensation of executives.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on January 22, 2013, the Board of Directors recommends that Helmerich & Payne’s shareholders vote to approve the compensation of Company executives disclosed in the proxy statement.
If you own common stock in Helmerich & Payne and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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