SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Continental Resources, Inc. (NYSE – CLR)

BALA CYNWYD – October 17, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Continental Resources, Inc. (“Continental Resources” or the “Company”) (NYSE – CLR) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to be acquired by Omega Acquisition, Inc., an Oklahoma corporation (“Merger Sub”), an entity that is owned by Continental’s founder, Harold G. Hamm. Under the terms of the Merger Agreement, Merger Sub will commence a tender offer to purchase any and all of the outstanding shares of Continental’s common stock at $74.28 per share, which includes $0.28 in lieu of Continental’s anticipated dividend for the third quarter of 2022.

The investigation concerns whether the Continental Resources Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Merger Sub is paying too little for the Company.

If you own shares of Continental Resources stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.