LOS ANGELES, CA / ACCESSWIRE / April 3, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Range Resources Corporation (“Range Resources” or “the Company”) (NYSE:RRC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between April 29, 2016 and February 10, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before May 3, 2021.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at email@example.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Range Resources had improperly designated the status of its wells in the state of Pennsylvania since 2013. This action artificially decreased the Company’s cost estimates to plug and abandon its wells. The Company was the subject of an investigation by the Pennsylvania Department of Environmental Protection (“DEP”) from sometime between September 2017 to January 2021 for improperly designating its well status. The DEP investigation ultimately led to the Company incurring fines from the state of Pennsylvania. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Range Resources, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE: The Schall Law Firm
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