Shareholders Foundation, Inc.

NYSE:RRC Long Term Investor Notice: Investigation of Potential Wrongdoing at Range Resources Corporation

An investigation on behalf of current long term investors in Range Resources Corporation (NYSE:RRC) shares over possible breaches of fiduciary duty by certain officers and directors was announced.


San Diego, CA -- (SBWIRE) -- 06/04/2021 -- Certain directors of Range Resources Corporation are under investigation over potential breaches of fiduciary duties.

Investors who are current long term investors in Range Resources Corporation (NYSE: RRC) shares, have certain options and should contact the Shareholders Foundation at 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.

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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.