NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Jagged Peak Energy Inc. (NYSE:JAG) resulting from allegations that Jagged Peak may have issued materially misleading business information to the investing public.
On January 27, 2017, Jagged Peak initiated its initial public offering (“IPO”) of common stock to the public, and began trading on the New York Stock Exchange. During the IPO, Jagged Peak and selling stockholders sold 31,599,334 shares at $15.00 per share, raising $474 million of gross proceeds. Since the IPO, shares of Jagged Peak have fallen approximately 20% in light of issues concerning the positioning of its acreage in the Delaware Basin.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Jagged Peak investors. If you purchased shares of Jagged Peak on or before June 6, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1143.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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