11:14 AM EDT, 05/21/2024 (MT Newswires) -- Hess (HES) said in a regulatory filing Tuesday that it is facing three lawsuits over its disclosures on the proposed merger with a Chevron ( CVX ) subsidiary.

The first complaint, filed in March, alleges misrepresentation and/or omission of vital information in the preliminary proxy statement filed by the company in February, Hess said.

The second complaint, filed in May, claims that the Hess board breached fiduciary duties by not disclosing important details in the proxy statement filed by the company on April 26, the company said.

The third complaint, filed in May, accuses the Hess board of a similar breach of fiduciary duties and seeks an injunction against the merger, Hess said.

The company said that in addition to these lawsuits, some Hess stockholders have also sent letters alleging similar deficiencies regarding the disclosures made in the proxy statement.

Hess said it filed a proxy statement to the US Securities and Exchange Commission on April 26, aiming to gather votes from Hess' shareholders for a special meeting on May 28. The meeting will address, among other things, matters necessary to complete the merger.

Chevron ( CVX ) did not immediately respond to MT Newswires' request for comment.

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