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Investigation announced for Investors in shares of Range Resources Corporation (NYSE: RRC)

02-17-2021 09:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Range Resources Corporation (NYSE: RRC) shares over potential securities laws violations.

An investigation for investors in Range Resources Corporation (NYSE: RRC) shares over potential securities laws violations.

An investigation was announced concerning potential securities laws violations by Range Resources Corporation in connection with certain financial statements.

Investors who purchased shares of Range Resources Corporation (NYSE: RRC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Range Resources Corporation (NYSE: RRC) concerning whether a series of statements by Range Resources Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Fort Worth, TX based Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. Range Resources Corporation reported that its annual Total Revenue declined from $3.33 billion in 2018 to $2.6 billion in 2019, and that its Net Loss declined from $1.74 billion in 2018 to $1.71 billion in 2019.

On February 10 and February 11, 2021, media outlets reported that Range Resources Corporation had paid a $294,000 civil penalty after Pennsylvania's Department of Environmental Protection ("DEP") found conflicting and inaccurate information on the status of a Company well in Fayette County-specifically concerning whether the well in question was correctly designated as inactive for the purposes of DEP regulation.

Those who purchased shares of Range Resources Corporation (NYSE: RRC) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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