Investors Seek Approval Of Fracking Securities Class Settlement Worth $7,068,750

(March 11, 2024, 9:12 AM EDT) -- BROOKLYN, N.Y. — U.S. investors who sued an oil and gas exploration company’s officers alleging that they violated federal securities laws have filed a brief in New York federal court supporting preliminary approval of a $7,068,750 class action settlement, which amounts to roughly 12.4% of the U.S. settlement class’s $56.3 million maximum recoverable damages....