Range Resources Corporation
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Range Resources Corporation from April 29, 2016 through February 10, 2021 (the “Class Period”). The lawsuit seeks to recover damages for Range Resources Corporation investors under the federal securities laws.
If you bought Range Resources Corporation securities between April 29, 2016 through February 10, 2021, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Range Resources Corporation – RRC
New York, N.Y., March 9, 2021. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Range Resources Corporation (NYSE: RRC) between April 29, 2016 and February 10, 2021, inclusive (the “Class Period”).
To join the RRC class action, go to http://zhanginvestorlaw.com/cases/range-resources-corporation/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.
According to the lawsuit, throughout the Class Period (1) Range Resources had improperly designated the status of its wells in Pennsylvania since at least 2013; (2) 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; (3) the Company was the subject of a Pennsylvania Department of Environmental Protection (“DEP”) investigation from sometime between September 2017 to January 2021 for improperly designating the status of its wells; (4) the DEP investigation foreseeably would and ultimately did lead to the Company incurring regulatory fines; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 3, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/range-resources-corporation/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.