NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Jagged Peak Energy, Inc. (“Jagged Peak” or the “Company”) (NYSE:JAG).
The investigation focuses on whether the Company and its executives violated federal securities laws. On January 27, 2017, Jagged Peak initiated its initial public offering ("IPO") of common stock and sold 31,599,334 shares at $15.00 per share, raising approximately $474 million of gross proceeds. Since the Company’s IPO, shares of Jagged Peak have fallen approximately 20% in connection with the positioning of its acreage in the Delaware Basin.
If you invested in Jagged Peak stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/JAG. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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