UNITHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Höegh LNG Partners LP (NYSE – HMLP)
BALA CYNWYD – May 25, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Höegh LNG Partners LP (the “Partnership”) (NYSE – HMLP) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Partnership’s agreement to be acquired by Höegh LNG Holdings Ltd. (“Höegh LNG”) pursuant to which Höegh LNG will acquire, for cash, all of the outstanding publicly held common units of the Partnership, at a price of $9.25 per common unit.
The investigation concerns whether the Partnership breached its fiduciary duties to unitholders by failing to conduct a fair process, and whether Höegh LNG is paying too little for the Partnership.
If you own units of the Partnership 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.