FOR IMMEDIATE RELEASE
May 7, 2019 – Cranford, NJ – Cooper, LLC announced today the successful closing of a stock purchase agreement that resolved its client’s oppressed shareholder claims. The firm’s client, a minority shareholder in a petroleum services business, sought to pursue claims based on significant accounting irregularities apparent in the company’s financial reports, including claims for breach of fiduciary duty and self-dealing. Using cross-practice collaboration to find an innovative solution to the dispute, Cooper, LLC’s litigation and corporate practice groups successfully negotiated and closed the sale of the client’s shares as part of a larger sale of the entire petroleum services business to a third party. The sale realized a recovery in the client’s favor that exceeded the amount to be sought in litigation while avoiding potentially years of attorneys’ fees and costs.
About Cooper LLC -Counselors at Law:
Cranford, NJ-based Cooper LLC was established in 2016 by founding attorney, Ryan J. Cooper. With offices in Philadelphia, Cranford, and New York City, the firm represents clients throughout the Northeast in a wide range of Commercial matters, including litigation, corporate transactions, and privacy & information security.
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