PARSELY ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Parsley Energy, Inc. - PE

Oct 26, 2020

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Parsley Energy, Inc. (NYSE: PE) to Pioneer Natural Resources Company (NYSE: PXD). Under the terms of the proposed transaction, shareholders of Parsley will receive only 0.1252 shares of Pioneer for each share of Parsley that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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