(MENAFN - PR Newswire) NEW YORK, Feb.19, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated
Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
Viking Energy Group, Inc. ("VKIND" or the "Company") (
VKIND
) relating to its proposed merger with Camber Energy, Inc. Under the terms of the agreement, VKIND shareholders are expected to receive a 1:1 ratio of newly issued Camber common stock per share they own..
The investigation focuses on whether Viking Energy Group, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the proposed transaction undervalues the company.