Fracking Company Shareholder's Securities Fraud Class Action Seeks Damages

Mealey's (July 23, 2020, 12:48 PM EDT) -- NEW YORK — A shareholder on July 21 filed a putative class action in New York federal court seeking to recover damages from an energy company and its officers for allegedly violating federal securities laws by making materially false and misleading statements about the company's business, operations and financial health (Frank Visser, et al. v. Energy Recovery Inc., et al., No. 20-5647, S.D. N.Y.)....