Shareholders: Fraud Committed During Fracking Acquisition; Consolidation Sought

Mealey's (April 4, 2019, 12:19 PM EDT) -- HOUSTON — A group of shareholders on April 1 moved in Texas federal court to consolidate their class action against a hydraulic fracturing company with another case, contending that the actions present “virtually identical factual and legal issues” regarding allegations of securities fraud pertaining to a company acquisition (FNY Partners Fund LP, et al. v. Alta Mesa Resources Inc., et al., No. 19-1027, S.D. Texas)....