DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal judge Joe Kendall, is investigating Williams Companies, Inc. (NYSE: WMB) and its Board of Directors on behalf of shareholders in connection with the rejection of a proposal to acquire Williams in an all-equity transaction at a stated per share price of $64.00. WMB rejected the offer saying that the offer significantly undervalues Williams and would not deliver value commensurate with what Williams expects to achieve on a standalone basis and through other growth initiatives.
The Kendall Law Group’s investigation seeks to determine whether WMB and its Board breached their fiduciary duties by failing to fulfill their fiduciary duties, failing to maximize the value of the Company, and failing to obtain the best possible consideration for their shareholders. The national securities firm’s investigation seeks to determine whether WMB and its Board’s rejection of the offer was made in good faith, after a reasonable investigation, and whether any attempt at negotiation was made on behalf of WMB.
If you currently own shares of WMB and want to know more about your rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at jmckey@kendalllawgroup.com to learn more about your rights as a shareholder. Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in nationwide complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.