Fracking Shareholder:  Company Violated Law In Securities Filings Before IPO

(April 21, 2020, 12:19 PM EDT) -- MIDLAND, Texas — A shareholder in a hydraulic fracturing company on April 17 filed a complaint in Texas federal court contending that it is liable for violations of the Securities Exchange Act because the officers of the company engaged in “a number of improper and undisclosed related party transactions” as part of its initial public offering (IPO) (Jye-Chun Chang v. Dale Redman, et al., No. 20-95, W.D. Texas)....

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