NEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (NYSE:SN) into potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).
Sanchez Energy, headquartered in Houston, Texas, is an independent exploration and production company, acquiring and developing onshore oil and natural gas resources primarily in South Texas. Newman Ferrara’s investigation focuses on decisions made by the Board, without shareholder approval, the result of which significantly diminish shareholder value and do not benefit the Company. Considering the Company’s lackluster performance since its 2011 initial public offering, it is clear that the Board lacks the ability to fairly assess and oversee the Company’s direction and leadership.
Current Sanchez Energy stockholders seeking more information on this matter are invited to contact Newman Ferrara attorneys Jeffrey Norton (firstname.lastname@example.org) or Ryan Jerome (email@example.com) to discuss this investigation and their rights.
Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.
Newman Ferrara LLP
Jeffrey M. Norton
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