Certain directors of Southwestern Energy Company are under investigation over possible wrongdoing. The investigation was announced for long-term investors in NYSE:SWN shares over potential breaches of fiduciary duties by certain Southwestern Energy directors.
Investors who purchased shares of Southwestern Energy Company (NYSE:SWN) and currently hold any of those NYSE:SWN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Southwestern Energy directors breached their fiduciary duties and caused damage to the company and its shareholders.
Southwestern Energy Company reported that its annual Total Revenue declined from over $4.03 billion in 2014 to over $3.13 billion in 2015 and that its Net Income of $924 million in 2014 decreased to a Net Loss of over $4.55 billion in 2015. Shares of Southwestern Energy Company (NYSE:SWN) declined from as high as $48.93 per share in April 2014 to as low as $5.15 per share in late 2015.
On October 31, 2106, NYSE:SWN shares closed at $10.39 per share.
Those who purchased NYSE:SWN shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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