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SRC ENERGY INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

WILMINGTON, DE / ACCESSWIRE / August 26, 2019 / Rigrodsky & Long, P.A.:

Do you own shares of SRC Energy Inc. (NYSE American:SRCI)?
Did you purchase any of your shares prior to August 26, 2019?
Do you think the proposed merger is fair?
Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of SRC Energy Inc. (“SRC Energy” or the “Company”) (NYSE American:SRCI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by PDC Energy, Inc. (“PDC Energy”) (PDCE) in a transaction valued at $1.7 billion. Under the terms of the agreement, shareholders of SRC Energy will receive 0.158 of a PDC Energy share for each share of SRC Energy owned.

If you own common stock of SRC Energy and purchased any shares before August 26, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long, P.A.

ReleaseID: 557424

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