Company Seeks Dismissal Of Fracking Securities Case, Cites ‘Inflammatory Rhetoric’

Mealey's (February 28, 2022, 10:19 AM EST) -- HOUSTON — An energy company on Feb. 15 argued in Texas federal court that a class of investors uses “inflammatory rhetoric” to allege securities fraud but that dismissal is required “where the inference that the defendants act with scienter is not ‘cogent and at least as compelling’ as the inference that they did not.”...