Investors Say Company Officers Misrepresented Fracking, Committed Securities Fraud

(August 7, 2023, 8:44 AM EDT) -- HOUSTON — Investors have filed a consolidated stockholder derivative lawsuit in Texas state court arguing that the directors of a hydraulic fracturing company “drastically overstated the value of the resources” in a shale play known as the Alpine High when they made public statements to the market that are now being litigated in a separate-but-related securities fraud class action.  The plaintiffs in the case at hand seek relief for breach of fiduciary duty....

Attached Documents

Related Sections