Faruqi and Faruqui, LLP Logo
Share this page

Synergy Resources Corporation (SYRG)

(NYSE MKT: SYRG)

Summary

Faruqi & Faruqi, LLP Launches An Investigation Against Synergy Resources Corporation (SYRG) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Synergy Resources Corporation (“Synergy Resources” or the “Company”) (NYSE MKT: SYRG) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an amendment to the Company’s Non-Qualified Stock Option Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on July 26, 2013, the Board of Directors recommends that Synergy Resources’ shareholders vote to approve an amendment to the Company’s Non-Qualified Stock Option Plan to increase the number of shares available for issuance thereunder from 2,000,000 to 5,000,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Synergy Resources common stock.

If you own common stock in Synergy Resources and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Synergy Resources Corporation (SYRG)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 08/07/2013

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.