Rowley Law PLLC is investigating potential securities law violations by NexTier Oilfield Solutions Inc. (NYSE: NEX) and its board of directors concerning the proposed merger of the company with Patterson-UTI Energy, Inc. (NASDAQ: PTEN). Stockholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier stock that they hold and will own approximately 45% of the combined company. The transaction is expected to close in the fourth quarter of 2023.
If you are a stockholder of NexTier Oilfield Solutions Inc. and are interested in obtaining additional information regarding this investigation, please fill in the contact form on this page. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.
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