An investigation on behalf of investors in Centennial Resource Development Inc (NASDAQ:CDEV) shares over potential wrongdoing at Centennial Resource Development was announced and NASDAQ:CDEV stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/13/2017 -- An investigation on behalf of investors in shares of Centennial Resource Development Inc (NASDAQ:CDEV) was announced over potential breaches of fiduciary duties by certain officers and directors at Centennial Resource Development.
Investors who purchased shares of Centennial Resource Development Inc (NASDAQ:CDEV) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Centennial Resource Development Inc officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Denver, CO based Centennial Resource Development, Inc., formerly Silver Run Acquisition Corporation, is an independent oil and natural gas company. Shares of Centennial Resource Development Inc (NASDAQ:CDEV) grew from $9.70 per share in early July 2016 to as high as $20.97 per share in mid-December 2016.
On January 12, 2017, NASDAQ:CDEV shares closed at $18.48 per share.
Those who purchased shares of Centennial Resource Development Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com