NEW YORK--(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”) (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 LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow 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.
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