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BRIEF-Alon USA says Arkansas Teacher Retirement System filed class action complaint
June 19, 2017 / 10:46 AM / in 4 months

BRIEF-Alon USA says Arkansas Teacher Retirement System filed class action complaint

June 19 (Reuters) - Alon USA Energy Inc:

* Alon USA Energy - on june 15, arkansas teacher retirement system filed class action complaint against defendants on behalf of a class of Alon stockholders

* Alon USA Energy - Alon and defendants believe Page Plaintiff’s, Phelps plaintiff’s, Adler Plaintiff’s, and Arkansas Plaintiff’s claims are “without merit”

* Alon USA Energy - “complaint alleges that Delek, Holdco, Mergeco, and Astro Mergeco breached their fiduciary duties”

* Alon USA Energy Inc - Delek cannot predict the outcome of or estimate the possible loss or range of loss from the matters Source text: (bit.ly/2tj1Bol) Further company coverage:

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