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Trecora Resources Investigation
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Trecora Resources Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trecora Resources (“Trecora” or the “Company”) (NYSE:TREC) in connection with the proposed acquisition of the Company by an affiliate of Balmoral Funds, LLC via a tender offer.  Under the terms of the merger agreement, the Company’s shareholders will receive $9.81 in cash for each share of Trecora common stock owned.  The transaction is valued at approximately $247 million.

Weiss Law is investigating whether (i) Trecora’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $9.81 per-share merger consideration adequately compensates Trecora’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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