NASDAQ CM
APAGF

Apco Oil and Gas International Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Apco Oil and Gas International Inc. (NASDAQ CM: APAGF) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Apco Oil and Gas International Inc. (“Apco” or the “Company”) (NASDAQ CM: APAGF) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Pluspetrol Resources Corporation (“Pluspetrol”), in a transaction valued at approximately $427 million.

Under the terms of the agreement, public shareholders of Apco would receive $14.50 in cash for each share of Apco they own.

The investigation concerns whether Apco’s board of directors failed to adequately shop the Company and obtain the best possible value for Apco’s shareholders before entering into an agreement with Pluspetrol.

If you own the common stock of Apco and purchased your shares before October 3, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.  

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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