Harwood Feffer LLP Announces Investigation of Stone Energy Corporation
November 22 2017 - 11:06AM
Business Wire
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
Stone Energy Corporation (“Stone Energy” or the “Company”)
(NYSE:SGY) concerning the proposed buyout of the Company by Talos
Energy LLC (“Talos”).
Under the terms of the agreement, Stone Energy stockholders will
receive one Talos share for each share of Stone Energy held. At
closing, Talos will own 63% of the combined company, with Stone
Energy shareholders owning the remaining 37%.
Our investigation concerns whether the Stone Energy board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company stockholders.
If you own Stone 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:
Robert I. Harwood, Esq.Daniella Quitt, Esq.Harwood Feffer LLP488
Madison AvenueNew York, New York 10022Phone Numbers: (877)
935-7400(212) 935-7400Email: dquitt@hfesq.comWebsite:
http://www.hfesq.comFollow 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.
Attorney Advertising. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171122005492/en/
Harwood Feffer LLPRobert I. Harwood, Esq.Daniella Quitt,
Esq.(877) 935-7400(212) 935-7400dquitt@hfesq.com
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