Chord Energy resolves shareholder litigation related to Whiting merger for $75,000 fee settlement

Chord Energy Corp

Delaware Court of Chancery dismissed Siegfried v. McCarthy et al. as moot after supplemental disclosures.
Chord, as successor to Whiting, agreed to pay $75,000 in attorneys' fees; no liability admitted.
Court retained jurisdiction only for fee award; final order entered May 12, 2023, contingent on this notice.
Original complaint challenged proxy disclosures in Whiting-Oasis merger that closed July 1, 2022.

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