Equity Fund Says Fracking Company Committed Securities Fraud During Merger

(August 4, 2022, 12:44 PM EDT) -- HOUSTON — On Aug. 3, an equity fund sued a hydraulic fracturing company in Texas federal court contending that it committed securities fraud through the “sustained and intentional abuse” of the corporate form known as a special purpose acquisition company (SPAC), which misled investors regarding a merger with another fracking company....

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