NEW YORK, Aug. 26, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of SRC Energy Inc. (SRCI) on behalf of SRC shareholders concerning the proposed merger with PDC Energy, Inc.
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Pursuant to the proposed transaction, announced on August 26, 2019 and valued at $1.7 billion, SRC shareholders will receive 0.158 shares of PDC common stock for each share of SRC common stock owned. The investigation focuses on whether SRC and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company's shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own SRC shares, 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 by 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 our investigation of SRC please go to https://bespc.com/srci/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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