Mealey's Securities/D&O Liability - Kosmos Energy, Others To Pay $10.2M To Settle Securities Class Action Suit

Mealey's Securities/D&O Liability - Kosmos Energy, Others To Pay $10.2M To Settle Securities Class Action Suit

DALLAS - Defendants in a securities class action lawsuit will pay $10.2 million to settle claims that they misrepresented the performance levels at an oil field, as well as its future expected performance, in violation of federal securities laws, according to court documents filed April 28 in Texas federal court (In re Kosmos Energy Ltd. Securities Litigation, No. 12-373, N.D. Texas).

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