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Del. High Court Reverses Sanchez Demand-Futility Dismissal

By Pete Brush ( October 5, 2015, 3:23 PM EDT) -- Shareholders who claim they were fleeced by insiders as Sanchez Energy Corp. paid $100 million for oil and gas rights for the Tuscaloosa Marine Shale won a victory Friday when Delaware's high court revived their lawsuit, finding that it would have been futile for them to demand action from the Sanchez Energy board....

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