2nd Circuit Rules Fraud Case Against Fracking Operator Fails To State Claim

Mealey's ( November 1, 2022, 11:30 AM EDT) -- NEW YORK — A panel of the Second Circuit U.S. Court of Appeals affirmed a lower court’s ruling that dismissed a shareholder lawsuit against a hydraulic fracturing company, ruling that the complaint fails to state a claim for the alleged violation of federal securities laws....