Company: Court Should Deny Class Certification Bid In Fracking Securities Case

(June 21, 2023, 1:05 PM EDT) -- HOUSTON — A hydraulic fracturing company has filed a brief in Texas federal court arguing that it should not grant class certification in a securities fraud lawsuit because the company has rebutted the presumption of classwide reliance by demonstrating a lack of price impact as to the alleged misrepresentations at issue....