NEW YORK, Nov. 11, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Swift Energy Co. ("Swift" or the "Company") (NYSE: SFY).
The investigation focuses on whether the Company and its executives violated federal securities laws by making false and misleading statements and/or failing to disclose material facts regarding its business and operations.
On November 11, 2014, Swift announced that it is restating financial results for its 2013 Annual Report on Form 10-K and its quarterly reports for the periods ended December 31, 2013, March 31, 2014 and June 30, 2014 on Form 10-Q.
Following this news, the price of the Company's stock declined by $0.27 per share, or over 4%, to close on November 11, 2014 at $6.18 per share.
Request more information now by clicking here: www.faruqilaw.com/SFY. There is no cost or obligation to you.
If you invested in Swift stock or options prior to November 11, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/SFY. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Swift's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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New York, NY 10017
Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
SOURCE Faruqi & Faruqi, LLP