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Phillips v. Harvest Natural Resource et al
Case Number:
4:13-cv-00801
Court:
Nature of Suit:
Judge:
Firms
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August 26, 2016
Texas Oil Field Operator Beats Suit Over Cratered Value
A Texas federal judge on Thursday tossed a class action by an investor in Harvest Natural Resources Inc. claiming the company misled investors about its financial health to keep its stock afloat, chalking up the oil field operator's alleged deception to simple human error rather than a conspiracy to defraud shareholders.
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March 27, 2013
Harvest Sued Over Scuttled $725M Venezuelan Asset Deal
Harvest Natural Resources Inc. was hit with a proposed class action Friday by shareholders accusing the Texas-based energy company of concealing its failed $725 million asset sale to Indonesian firm PT Pertamina and filing financial statements with errors over the past three years.