Judge Urged To Accept Magistrate’s Report In Energy Company’s Stock-Drop Suit

(November 18, 2022, 11:08 AM EST) -- HOUSTON — A federal judge in Texas should accept a federal magistrate judge’s report recommending that the judge deny a motion to dismiss filed by an energy company and certain of its senior executives in a securities class action because the defendants have failed to sufficiently plead that the investors pleaded no materially false or misleading statements in making their federal securities law claims, the investors argue in an opposition brief filed in Texas federal court....