NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the Jagged Peak lawsuit, please go to www.bespc.com/jag. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.