#USA #New York #Rowley Law #Sitio Royalties Corp #Viper Energy

Investigation of Sitio Royalties Corp's Acquisition

Rowley Law PLLC has launched an investigation into the proposed acquisition of Sitio Royalties Corp. (NYSE: STR) by Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG). This inquiry is centered around possible violations of securities laws associated with the transaction that is anticipated to conclude in the third quarter of 2025.

As part of this acquisition, shareholders of Sitio Royalties are set to receive 0.4855 shares of Class A common stock in a new holding company for every share of Sitio Royalties Class A common stock they currently own. On the other hand, unitholders of Sitio Royalties' operating arm will be granted 0.4855 units of Viper Energy's operating subsidiary along with a corresponding amount of Class B common stock from the new holding company for each share of Sitio Royalties Class C common stock held. The total valuation of this transaction stands at a notable approximate amount of $4.1 billion.

This investigation embodies Rowley Law's commitment to ensuring that shareholders are treated fairly and in compliance with securities laws during major corporate transactions. The firm's legal team specializes in representing investors nationwide in class actions and derivative lawsuits arising from complex corporate litigation cases. The firm encourages current holders of Sitio Royalties stock who are concerned about their rights or the implications of this acquisition to reach out for further information.

If you are an investor in Sitio Royalties Corp. and wish to learn more about this ongoing investigation, additional details can be found on their website at http://www.rowleylawpllc.com/investigation/str/. You can also get in touch with Shane Rowley, Esq. at Rowley Law PLLC, located at 50 Main Street, Suite 1000, White Plains, NY 10606. Interested parties can reach him via email at [email protected] or by phone at 914-400-1920 or toll-free at 844-400-4643.

Rowley Law PLLC constantly strives to uphold the rights and interests of shareholders amidst an array of legal challenges in corporate governance, ensuring that all actions taken by boards are in the best interest of their investors.

This inquiry exerted by Rowley Law underlines the importance of transparency and accountability within corporate mergers and acquisitions, especially those amounting to billions. As the situation develops, further updates are expected from Rowley Law as they continue to research any violations or breaches of trust in the proposed acquisition process.

For continuous updates on the progress of this investigation and similar inquiries, keep an eye on the Rowley Law PLLC official site, where they post information relevant to investors looking for legal guidance regarding their investments. Their dedicated attempt to advocate for shareholder rights signifies a vigilant stance in maintaining corporate compliance and shareholder interests during significant corporate transitions.