Tellurian Inc. (NYSE American - TELL)

Tellurian Inc. (NYSE American – TELL)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Tellurian Inc. (NYSE American – TELL)

BALA CYNWYD – July 22, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Tellurian Inc. (“Tellurian” or the “Company”) (NYSE American – TELL) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Woodside Energy Group Ltd (“Woodside”) (ASX – WDS). Under the terms of the agreement, Woodside will acquire Tellurian for $1.00 per share in cash at closing. The implied total enterprise value of the transaction, including net debt, is approximately $1.2 billion.

The investigation concerns whether Tellurian Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Woodside is paying fair value to shareholders of the Company. For example, the deal consideration is below the 52-week high of $1.72 for the Company’s shares.

If you own shares of Tellurian 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 who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, 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.

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