An investigation for investors in PDC Energy Inc (NASDAQ:PDCE) shares over potential securities laws violations by PDC Energy Inc was announced and NASDAQ:PDCE stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/11/2017 -- PDC Energy Inc is under investigation over possible securities laws violations. The investigation was announced for investors in NASDAQ:PDCE shares in connection with certain financial statements made by PDC Energy Inc.
Investors who purchased shares of PDC Energy Inc (NASDAQ:PDCE), have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by PDC Energy Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 26, 2017, the Department of Justice ("DOJ"), the Environmental Protection Agency ("EPA") and the State of Colorado, on behalf of the Colorado Department of Public Health and Environment, filed a civil complaint in federal court in Denver alleging violations of the Clean Air Act. The complaint alleges that PDC Energy Inc repeatedly violated clean air regulations intended to address the release of volatile organic compounds at 86 storage tanks that the Company owns and operates in Colorado. Shares of PDC Energy Inc (NASDAQ:PDCE) declined to as low as $40.12 per share on June 28, 2017.
On July 10, 2017, NASDAQ:PDCE shares closed at $42.96 per share.
Those who purchased shares of PDC Energy Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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