Investors:  Company Liable For Securities Fraud Based On Fracking Misstatements

Mealey's (February 25, 2021, 10:28 AM EST) -- HOUSTON — A group of investors on Feb. 23 filed a putative class action for securities fraud in Texas federal court contending that an energy company involved in hydraulic fracturing exploration made materially false statements about its financial health and the viability of a shale play in the Permian Basin of Texas....