LegalApr 24, 2026, 04:12 PM
Devon Energy Faces 2 Lawsuits Over Coterra Merger
AI Summary
Devon Energy Corporation announced that two lawsuits have been filed related to its proposed merger with Coterra Energy Inc. The lawsuits, Thomas Goggin v. Devon Energy Corp., et al. and Dennis Kelly v. Devon Energy Corp., et al., were filed in the Supreme Court of New York County. These legal challenges follow the filing of the Joint Proxy Statement/Prospectus and precede the special stockholder meetings scheduled for May 4, 2026, to vote on the transaction.
Key Highlights
- Two lawsuits filed against Devon Energy regarding the Coterra merger.
- Lawsuits filed in Supreme Court, New York County.
- Special stockholder meetings for merger vote scheduled for May 4, 2026.