Harwood Feffer LLP Announces Investigation of Niska Gas Storage Partners LLC

NEW YORK, June 16, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Niska Gas Storage Partners LLC ("Niska" or the "Company") (NYSE: NKA) concerning the proposed acquisition of the Company by Brookfield Infrastructure ("Brookfield").

Under the terms of the transaction, Brookfield would acquire Niska for approximately $911 million.  Niska unitholders would receive $4.225 per unit in cash.  As recently as November 2014, Niska common units traded for $6.32 per unit. 

Our investigation concerns whether the Niska board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company unitholders. 

If you own Niska units and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP