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Mealeys

Mealey's Securities/D&O Liability - Stockholder: Proposed Fracking Merger Violates Federal Securities Laws

NEW YORK - A stockholder in a hydraulic fracturing company on Nov. 19 sued that company in New York federal court contending that it violated federal securities laws when it proposed a merger with another fracking company because the federal registration statement related to the deal contained "materially incomplete and misleading information" (Kelly Small v. Jagged Peak Energy Inc., et al., No. 19-10698, S.D. N.Y.).
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