We are investigating investor losses in Swift Energy Company. If this investment was recommended to you by your stock broker or financial advisor they may hold liability for your losses.
Swift Energy Company filed chapter 11 on Dec 31, 2015. It traded under symbol SWFT (OTCQX: SWTF). Most of the restructuring focused on securing payments to debtholders. Those with a stock interest were given pro rata share of common stock in reorganized Swift equal to 4% on a fully diluted basis. This basically left common stockholders holding the bag and common stockholders were more or less wiped out.
February 2, 2016 the court approved that the company could sell off their Louisiana assets to Texegy LLC for $49 million. This was confirmed on March 31, 2016 with the bankruptcy court.
Houston Texas based Swift Energy has reemerged on the NYSE under the new ticker symbol SBOW on May 5th, 2017. The company is now referred to as “SilverBow Resources”. The new stock opened in the low $20’s and is currently $26.
Please contact Soreide Law Group PLLC for a free consultation regarding your loss in Swift Energy Company at 1-888-760-6552.
Investors potentially incurred losses because of securities broker Michael Douglass Frost [CRD: 2000358, Colorado Springs, Colorado], based on public information on Financial Industry Regulatory Authority BrokerCheck. Frost worked for LPL Financial LLC from November 29, 2017, to September 18, 2025, and has worked for Cetera Advisors LLC since September 17, 2025. See below to discover […]
Investors potentially incurred losses because of securities broker Chad Anthony Schneider [CRD: 5479256, Greenwood Village, Colorado], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schneider worked for Strong Capital Markets LLC from January 15, 2024, through July 6, 2026. Investors are encouraged to continue reading to find out more about the disclosures […]
Investors might have sustained losses due to financial advisor Ali Reza Memaran-Dadgar [CRD: 5652400, Kirkland, Washington], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Memaran-Dadgar has been registered with Elite Wealth Management Inc. since February 29, 2024. Continue reading to find out more about the client disputes disclosed on his FINRA record. […]
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