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Case Status:    DISMISSED    
On or around 01/22/2020 (Notice of voluntarily dismissal)

Filing Date: October 08, 2019

According to the Complailnt, SRC Energy Inc. is an oil and natural gas exploration and production company.

This action stems from a proposed transaction announced on August 26, 2019, pursuant to which SRC Energy Inc. will be acquired by PDC Energy, Inc.

On August 25, 2019, SRC’s Board of Directors caused the Company to enter into an agreement and plan of merger with PDC. Pursuant to the terms of the Merger Agreement, SRC’s stockholders will receive 0.158 shares of PDC common stock for each share of SRC common stock they own.

On September 25, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on January 22, 2020.

COMPANY INFORMATION:

Sector: Energy
Industry: Oil & Gas - Integrated
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: SRCI
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Delaware
DOCKET #: 19-CV-01912
JUDGE: Hon. Colm F. Connolly
DATE FILED: 10/08/2019
CLASS PERIOD START: 08/26/2019
CLASS PERIOD END: 10/08/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. RM Law, P.C. (Berwyn)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available