LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Jagged Peak Energy Inc. (“Jagged” or the “Company”) (NYSE: JAG) for violations of §§11, 12(a)(2) and 15 of the Securities Act of 1933.
Investors who purchased shares of Jagged pursuant and/or traceable to its initial public offering (“IPO”) on January 27, 2017, are encouraged to contact the firm.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.goldberglawpc.com/, or by email at firstname.lastname@example.org.
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.
The Complaint alleges that Jagged made materially false and misleading statements, and/or failed to disclose material information, in the documents filed in connection with its IPO. On January 27, 2017, the Company held its IPO at $15 per share. The IPO documents failed to disclose the risks of its acreage, specifically that many of its wells were positioned in an area where extractability had not been tested and therefore there was significant risk that its wells would produce less than other wells in the Southern Delaware Basin. Since the IPO, Jagged’s stock price has dropped materially.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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