Wednesday, August 10 2022
By Leslie A. Pappas (June 23, 2022, 8:15 p.m. EDT) — A Trecora Resources shareholder has filed a lawsuit in Delaware over corporate records, seeking to investigate the private equity firm’s plans Balmoral Funds LLC to acquire the Texas-based petrochemicals maker in a $247 million tender offer that will expire at midnight Friday.

The lawsuit filed Wednesday by shareholder Jaclyn Rosenbaum alleges that the pending transaction “was the result of a hastily launched process in response to pressure from some activist shareholders” and that a statement to shareholders recommending the merger omits information important on conflicts of interest.

Activist investors Bradley Radoff, Peter DeSorcy and DeSorcy’s hedge fund, Ortelius Advisors LP —…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
  • Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and more!



New website helps Fremont County Sheriff's Office fight crime – Canon City Daily Record


It's illegal to use Google Analytics, says Italian website • The Register

Check Also