MILWAUKEE, Nov. 22, 2021 /PRNewswire/ -- Ademi LLP is investigating Goodrich (NYSE: GDP), for possible breaches of fiduciary duty and other violations of law in its transaction with Paloma. 

Click here to learn how to join the action: https://www.ademilaw.com/case/goodrich-petroleum-corporation or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges Goodrich's financial outlook and prospects are excellent and yet Goodrich shareholders will receive only approximately $23.00 per share. The merger agreement unreasonably limits competing bids for Goodrich by prohibiting solicitation of further bids, and imposing a significant penalty if Goodrich accepts a superior bid. Goodrich insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Goodrich's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Goodrich.

If you own Goodrich common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/goodrich-petroleum-corporation.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP