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Centennial Resource Development Inc (NASDAQ:CDEV) Investor Investigation Announced

  • If you purchased shares of Centennial Resource Development Inc (NASDAQ:CDEV), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Centennial Resource Development Inc
Security
NASDAQ: CDEV

Summary

January 12, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Centennial Resource Development Inc (NASDAQ:CDEV) was announced over potential breaches of fiduciary duties by certain officers and directors at Centennial Resource Development.

The investigation by a law firm concerns whether certain Centennial Resource Development Inc officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Denver, CO based Centennial Resource Development, Inc., formerly Silver Run Acquisition Corporation, is an independent oil and natural gas company. Shares of Centennial Resource Development Inc (NASDAQ:CDEV) grew from $9.70 per share in early July 2016 to as high as $20.97 per share in mid-December 2016.

On January 12, 2017, NASDAQ:CDEV shares closed at $18.48 per share.

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