Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of SRC Energy Inc (NYSE: SRCI) acted responsibly on behalf of investors’ profitability in the planned $1.7 billion sale to PDC Energy Inc (NASDAQ: PDCE).

On August 26, 2019, SRC Energy Inc (NYSE: SRCI) and PDC Energy Inc (NASDAQ: PDCE) announced that they had entered into a merger agreement. Under the terms of the merger agreement, SRC shareholders will receive 0.158 shares of PDC common stock for each share of SRC common stock owned.

Based in Denver, Colorado, and founded in 2005 SRC Energy Inc engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids.

The investigation focuses on whether NASDAQ: PDCE investors received the highest price and whether the directors of SRC Energy Inc acted in the best interest of SRC Energy Inc company and its shareholders.   

If you purchased SRC Energy Inc (NYSE: SRCI) prior to August 26, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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