Forest Oil Corporation Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Sabine Oil & Gas LLC

  Forest Oil Corporation Shareholder Alert: Bernstein Liebhard LLP Announces              Investigation Of Acquisition By Sabine Oil & Gas LLC  PR Newswire  NEW YORK, May 6, 2014  NEW YORK, May 6, 2014 /PRNewswire/ --Bernstein Liebhard LLP is investigating whether the Board of Directors of Forest Oil Corporation ("Forest Oil" or the "Company") (NYSE: FST) breached its fiduciary duty to its shareholders in agreeing to sell Forest Oil to Sabine Oil & Gas LLC ("Sabine").  Bernstein Liebhard LLP.  Under the terms of the agreement, Sabine and Forest Oil will combine their businesses under a newly formed holding company, Sabine Oil & Gas Corporation ("Sabine Oil & Gas"). Forest Oil will merge with a subsidiary of Sabine Oil & Gas and survive as a subsidiary of Sabine Oil & Gas. As part of the transaction, each share of Forest Oil common stock will be converted into 0.1 of a share of Sabine Oil & Gas common stock. Concurrent with the merger, Sabine's parent entity will contribute all of its equity interest in Sabine to Sabine Oil & Gas, in exchange for which it will receive approximately 33 million shares of Sabine Oil & Gas common stock. The investigation is focused on the potential unfairness of the price to Forest Oil shareholders and the process by which the Forest Oil Board of Directors considered and approved the transaction.  If you are interested in discussing your rights as a Forest Oil stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:  (877) 779-1414 or Ottensoser@bernlieb.com.  Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last twelve years.  Bernstein Liebhard LLP 10 East 40th Street New York, New York 10016 (877) 779-1414 www.bernlieb.com  ATTORNEY ADVERTISING. © 2014 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.  Logo- http://photos.prnewswire.com/prnh/20120202/MM47134LOGO  SOURCE Bernstein Liebhard LLP  Website: http://www.bernlieb.com