The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Alon USA Energy, Inc. in Connection with the Sale of the Company to Delek US...

NEW YORK, April 28, 2017 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating the Board of Directors of Alon USA Energy, Inc. (NYSE: ALJ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Delek US Holdings, Inc. (NYSE: DK). Under the terms of the deal, Alon shareholders will receive 0.5040 shares of Delek for each share of Alon they own.

The investigation concerns whether the Alon Board of Directors breached their fiduciary duties to Alon stockholders by failing to adequately shop the Company before entering into this transaction and whether Delek is underpaying for Alon shares, thus unlawfully harming Alon stockholders. 

If you own common stock in Alon and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/ALJ-Info-Request-Form-1579.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.  Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

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SOURCE The Law Offices of Vincent Wong