NEW YORK, June 27, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PDC Energy, Inc. ("PDC" or the "Company") (NASDAQ: PDCE). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Aaron's and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 26, 2017, the Department of Justice, the Environmental Protection Agency, and the State of Colorado, on behalf of the Colorado Department of Public Health and Environment, filed a civil complaint in federal court in Denver, alleging violations of the Clean Air Act. According to the complaint, PDC has repeatedly violated clean air regulations intended to address the release of volatile organic compounds at 86 storage tanks PDC owns and operates in Colorado.
On this news, PDC's share price fell $1.84, or 4.11%, to close at $42.88 on June 26, 2017.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
Robert S. Willoughby
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SOURCE Pomerantz LLP