Harwood Feffer LLP Announces Investigation of Sanchez Energy Corp.

NEW YORK, June 12, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Sanchez Energy Corp. ("Sanchez Energy" or the "Company") (NYSE: SN), concerning whether the board has breached its fiduciary duties to shareholders.

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Sanchez Energy recently disclosed that the Company's Board of Directors had approved grants of more than 850,000 shares of Sanchez Energy restricted stock, valued at approximately $14.7 million, to certain family members of the Company's Chairman and CEO, Antonio R. Sanchez, III.  The family members, including the CEO's father and brothers, are affiliated with a shareholder of Sanchez Energy that is controlled by the Sanchez family, which owns approximately 64% of the Company's stock through various entities. 

Our investigation concerns whether the Sanchez Energy 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 Sanchez Energy 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:

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.

Attorney Advertising. © 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Harwood Feffer LLP

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