SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches Investigation of Sanchez Energy Corporation for Possible Breaches of Fiduciary Duty
NEW YORK, Dec. 10, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating Sanchez Energy Corporation ("Sanchez Energy" or the "Company") (NYSE: SN) for possible breaches of fiduciary duty.
Click here to learn more about the investigation: http://zlk.9nl.com/sanchez-energy-sn/ or call: 877-363-5972. There is no cost or obligation to you.
The investigation stems from concerns regarding Sanchez Energy's August 2013 public filings with the Securities and Exchange Commission and the Company's $77.5 million purchase of land in Louisiana. This land was purchased from Sanchez Resources — a company with which Sanchez Energy shares ownership, familial, and other ties.
On November 11, 2013, the Wall Street Journal published an article entitled "Sanchez Energy's all-in-the-family deals raise questions for shareholders," in which the author questions the "mingling of personal and company business" and notes a deal in which Sanchez Energy spent $100 million on drilling rights to 40,000 acres in Mississippi owned by Sanchez Resources, LLC, a company run by members of the Sanchez family.
If you own Sanchez Energy stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/sanchez-energy-sn/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP