An investigation for current long-term investors in Sanchez Energy Corp (NYSE:SN) over potential breaches of fiduciary duties was announced and NYSE:SN stockholders should contact the Shareholders Foundation.

San Diego, CA, USA (July 2, 2012) -- The Shareholders Foundation announces that certain directors and officers of Sanchez Energy Corp are under investigation over potential breaches of fiduciary duties in connection with certain financial statements.

Investors who purchased shares of Sanchez Energy Corp (NYSE:SN) and currently hold any NYSE:SN shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns on whether certain officers and directors at Sanchez Energy Corp breached their fiduciary duties. Specifically, the investigation focuses whether certain statements about Sanchez Energy Corp’ business, its prospects and its operations were potentially materially false and misleading at the time they were made.

Sanchez Energy recently disclosed that the Company's Board of Directors had approved grants of more than 850,000 shares of Sanchez Energy restricted stock, valued at approximately $14.7 million, to certain family members of the Company's Chairman and CEO, Antonio R. Sanchez, III. The family members, including the CEO's father and brothers, are affiliated with a shareholder of Sanchez Energy that is controlled by the Sanchez family, which owns approximately 64% of the Company's stock through various entities.

NYSE:SN shares fell from over $25 per share on May 31, 2012 to as low as $19.04 per share on Wednesday, June 13, 2012.

NYSE:SN shares closed on June 29, 2012, at $20.80 per share.

Those who purchased shares of Sanchez Energy Corp (NYSE:SN) and currently hold any NYSE:SN shares, have certain options and should contact the Shareholders Foundation.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Contact:
Trevor Allen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
Web: www.shareholdersfoundation.com

This release was published on openPR.