SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation into the Fairness of the Sale Price of Resolute Energy Corporation – REN

BALA CYNWYD, November 19, 2018 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors Resolute Energy Corporation (“Resolute Energy” or “the Company”) (NYSE – REN-News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Cimarex Energy Co. (“Cimarex”).

Under the terms of the transaction, Resolute Energy shareholders will receive only $35.00 in cash or a combination of $14.00 in cash and 0.2366 of a share of Cimarex  for each share of Resolute Energy stock they own. The investigation concerns whether the Board of Resolute Energy breached their fiduciary duties to shareholders and whether Resolute Energy is underpaying for the Company. The transaction may undervalue the Company and may not be in the Resolute Energy shareholders best interests. For example, the transaction would result in a substantial loss for many long-term holders of Resolute Energy, which has traded at $46.55 per share. In addition, an analyst has set a $62.00 price target for the stock.

If you own shares of Resolute Energy 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, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA  19004, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC 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.