Panel Affirms Dismissal Of Fracking Securities Case For Failure To State Claim

( March 7, 2024, 2:47 PM EST) -- NEW ORLEANS — A panel of the Fifth Circuit U.S. Court of Appeals affirmed a lower court decision dismissing claims brought by an investor against a hydraulic fracturing company, ruling that a district court did not err when it dismissed claims for violation of the Securities Exchange Act of 1934....