An investigation was announced on behalf of investors in NASDAQ:REXX shares concerning possible violations of securities laws Rex Energy and certain of its directors and officers.
Investors who purchased shares of Rex Energy Corporation (NASDAQ:REXX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Rex Energy Corporation (NASDAQ:REXX) concerning whether certain statements by Rex Energy regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Rex Energy Corporation reported that its annual Total Revenue rose from $138.75 million in 2015 to $139.02 million in 2016 and that its Net Loss declined from $363.28 million in 2015 to $176.72 million in 2016.
Shares of Rex Energy Corporation (NASDAQ:REXX) declined from as high as $21.28 per share in May 2014 to as low as $0.23 per share in November 2016..
On May 4, 2017, NASDAQ:REXX shares closed at $0.391 per share.
Those who purchased NASDAQ:REXX shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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