PDC ENERGY INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In PDC Energy, Inc. To Contact The Firm
NEW YORK, June 29, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at PDC Energy, Inc. ("PDC Energy" or the "Company") (NASDAQ: PDCE).
The investigation focuses on whether the Company and its executives violated federal securities laws. On June 26, 2017, the Department of Justice ("DOJ"), Environmental Protection Agency ("EPA"), and the State of Colorado, on behalf of the Colorado Department of Public Health and Environment ("CDPHE"), filed a civil complaint in the United States District Court for the District of Colorado alleging violations of the Clean Air Act ("CAA"). According to the complaint, PDC Energy has repeatedly violated CAA regulations intended to address the release of volatile organic compounds at 86 storage tanks PDC Energy owns and operates in Colorado.
After the announcement, PDC Energy's share price fell from $44.72 per share on June 25, 2017 to a closing price of $42.88 on June 26, 2017—a $1.84 or a 4.11% drop.
If you invested in PDC Energy stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/PDCE. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].
CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
SOURCE Faruqi & Faruqi, LLP
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