Rigrodsky & Long, P.A. Announces Investigation Of CNX Gas Corporation

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of CNX Gas corporation (“CNX Gas” or the “Company”) (NYSE: CXG) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s proposed acquisition.

On March 21, 2010, CONSOL Energy, Inc. (“CONSOL Energy”) (NYSE: CNX) announced that it has entered into an agreement with T. Rowe Price Associates, Inc. (“T. Rowe Price”), on behalf of its investment advisory clients owning approximately 9.5 million shares of CNX Gas common stock, or approximately 37% of the shares of CNX Gas that CONSOL Energy does not currently own. Under the agreement, CONSOL Energy has agreed, subject to certain conditions, to commence a tender offer by May 5, 2010 to acquire all of the shares of CNX Gas common stock that it does not currently own at a price of $38.25 per share, in cash, or approximately $363 million, and T. Rowe Price has agreed to tender its shares of CNX Gas common stock that its investment advisory clients own into the offer. CONSOL Energy already owns approximately 83.3% of the 151 million shares of CNX Gas common stock outstanding.

If you own the common stock of CNX Gas and purchased your shares before March 21, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at [phone], or by e-mail to [e-mail].

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.