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Swift Energy Company (NYSE:SFY) Investor Investigation Announced

  • If you purchased shares of Swift Energy Company (NYSE:SFY), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Swift Energy Company
Security
NYSE: SFY

Summary

April 29, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of Swift Energy Company (NYSE:SFY) concerning whether certain Swift Energy officers and directors possibly breached their fiduciary duties in connection with certain statements was announced.

The investigation by a law firm concerns whether certain Swift Energy officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Swift Energy Company reported that its annual Total Revenue rose from $557.29 million in 2012 to $587.71 million in 2013 while its Net Income of $20.94 million fell to a Net Loss of $19.03 million in 2013.

Shares of Swift Energy Company (NYSE:SFY) declined from $34.73 per share in February 2012 to as low as $9.65 per share in March 2014.

On April 29, 2014, NYSE:SFY shares closed at $11.94 per share.

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