Press release
Investigation for Long Term Investors in shares of Range Resources Corporation (NYSE: RRC) announced
An investigation on behalf of current long term investors in Range Resources Corporation (NYSE: RRC) shares.
Investors who are current long term investors in Range Resources Corporation (NYSE: RRC) shares, 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 for current long term investors in NYSE: RRC stocks follows a lawsuit filed against Range Resources Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: RRC stocks, concerns whether certain Range Resources Corporation officers and directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of Pennsylvania the plaintiff alleges that, the defendants made false and/or misleading statements and failed to disclose to investors that Range Resources had improperly designated the status of its wells in Pennsylvania since at least 2013, that the foregoing conduct subjected the Company to a heightened risk of regulatory investigation and enforcement, as well as artificially decreased the Company's periodically reported cost estimates to plug and abandon its wells, that the Company was the subject of a DEP investigation from sometime between September 2017 to January 2021 for improperly designating the status of its wells, that the DEP investigation foreseeably would and ultimately did lead to the Company incurring regulatory fines; and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Range Resources Corporation (NYSE: RRC) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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