NEW YORK, Aug. 19, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Northern Oil and Gas, Inc. ("Northern Oil" or the "Company") (NYSE: NOG), concerning whether the board has breached its fiduciary duties to shareholders.
On August 16, 2016, Northern Oil terminated its CEO after he disclosed that he faced an enforcement action by the SEC due to suspect trades during 2012. According to Northern Oil, the CEO was removed from the Board effective immediately and would not be entitled to any severance.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Northern Oil shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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