San Diego, CA -- (SBWIRE) -- 04/28/2017 -- An investigation was announced for investors of Rex Energy Corporation (NASDAQ:REXX) shares over potential securities laws violations by Rex Energy in connection certain financial statements.

Investors who purchased shares of Rex Energy Corporation (NASDAQ:REXX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by Rex Energy regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Rex Energy Corporation reported that its annual Total Revenue rose from $138.75 million in 2015 to $139.02 million in 2016 and that its Net Loss declined from $363.28 million in 2015 to $176.72 million in 2016. Shares of Rex Energy Corporation (NASDAQ:REXX) declined from as high as $21.28 per share in May 2014 to as low as $0.23 per share in November 2016..

On April 27, 2017, NASDAQ:REXX shares closed at $0.355 per share.

Those who purchased shares of Rex Energy Corporation 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