QEP INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of QEP Resources - QEP

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Dec 24, 2020
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Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of QEP Resources (NYSE: QEP) to Diamondback Energy, Inc. (NASDAQ: FANG). Under the terms of the proposed transaction, shareholders of QEP will receive only 0.05 shares of Diamondback for each share of QEP that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.