We are investigating Cabot Oil & Gas Corporation (COG) (“Cabot” or the “Company”) for potential violations of the federal securities laws.
On June 15, 2020, following a grand jury investigation, the Pennsylvania attorney general’s office charged Cabot with 15 criminal counts arising from its failure to fix faulty gas wells, thereby polluting Pennsylvania’s water supplies through stray gas migration. On this news, Cabot’s stock price fell $0.67 per share, or 3.34%, to close at $19.40 per share on June 15, 2020.