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Jagged Peak Energy Inc. (NYSE: JAG)

Securities Class Action

Overview
  • Date:
  • 6/14/2017
  • Company Name:
  • Jagged Peak Energy, Inc.
  • Stock Symbol:
  • JAG
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Colorado

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NEW YORK, June 14, 2017– Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who acquired Jagged Peak Energy Inc. (NYSE: JAG) securities traceable to the initial public offering (“IPO”).

The Complaint alleges that when Jagged Peak held its IPO, the Company failed to disclose certain risks regarding its acreage in the Southern Delaware Basin. According to the Complaint, these wells were positioned in an area in the Southern Delaware Basin where extractability had not been tested. As news of these concerns has come to light, Jagged Peak’s shares have fallen nearly 15% below its IPO price of $15 per share.

If you purchased or otherwise acquired Jagged Peak securities traceable to the IPO and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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