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Southwestern Energy Company Information Request Form

Levi & Korsinsky announces the commencement of a class action lawsuit in Texas District Court on behalf of shareholders of Southwestern Energy Company (NYSE: SWN) who purchased shares pursuant and/or traceable to the Company’s Offering and Registration Statement in connection with the Company’s January 15, 2015 convertible preferred stock offering.

The complaint alleges that the Offering and Registration Statement issued pursuant to the offering contained untrue statements and omitted material information. On January 15, 2015, Southwestern sold 30,000,000 depositary shares at a price of $50.00 per share. Then on January 21, 2016, Southwestern revealed it would cut 1,100 positions. Then on February 25, 2016, the Company announced it would “temporarily halt its drilling activities…” Then on April 28, 2016, a class action was filed against Southwestern alleging that it was shortchanging natural gas drilling rights holders. Finally, on June 9, 2016, Southwestern announced it had sold 55,000 net acres of land in West Virginia in order to reduce the principal balance of its term loan. Following these revelations, shares of Southwestern have fallen over 39 percent.

 

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Request More Information

Levi & Korsinsky, LLP does not share your information with others. There is no cost or obligation for you to submit.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained Levi & Korsinsky, LLP to represent you as a named plaintiff in a shareholder action involving Southwestern Energy Company.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Southwestern Energy Company shareholders.

Sincerely,

Levi & Korsinsky,LLP

Joseph Levi

AGREED: Sign Name Clear