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Nakkhumpun v. Taylor, et al.,
Case Number:
1:12-cv-01038
Court:
Nature of Suit:
Securities, Commodities, Exchange
Multi Party Litigation:
Class Action
Judge:
Firms
-
September 21, 2015
Ex-Delta Petroleum Exec Settles Fraud Action Over Oil Deal
Lead plaintiff Patipan Nakkhumpun took to Colorado federal court Friday to pitch a $3.2 million deal that would end securities fraud class action claims against former Delta Petroleum Corp. executive Daniel J. Taylor, who is accused of misleading investors about a proposed $400 million oil and gas-sector transaction.
-
April 07, 2015
10th Circ. Revives Delta Petroleum Shareholder Claim
The Tenth Circuit on Tuesday revived a securities class action claim against a former executive of the now-defunct Delta Petroleum Corp. over allegedly misleading investors about a proposed $400 million transaction after finding that a Colorado federal court improperly determined a lack of scienter in its decision to toss the suit.
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October 02, 2013
Delta Petroleum Execs Shake Securities Fraud Class Action
Delta Petroleum Corp. dodged on Monday a proposed shareholder class action that accused the now bankrupt oil and gas company's top executives of defrauding investors by misrepresenting Delta's financial position so as to artificially inflate stock prices.
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May 08, 2012
Laramie Cleared To Sponsor Delta Petroleum's Ch. 11 Plan
Delta Petroleum Corp. won bankruptcy court approval Tuesday to partner with Laramie II LLC on a reorganization plan premised on a joint venture between the two natural gas exploration and development companies.
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May 07, 2012
Delta Petroleum Securities Fraud Plaintiff Blasts Stay Bid
The lead plaintiff in a putative securities fraud class action against three Delta Petroleum Corp. executives on Monday blasted the bankrupt oil and gas exploration company's claim that the suit seeks to confiscate debtor property by pursuing the nondebtor executives.
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April 20, 2012
Delta Petroleum Shareholders Drill Execs With New Suit
A Delta Petroleum Corp. shareholder hit three top executives Wednesday with a proposed class action claiming they deceived the public into purchasing stock in the now-bankrupt oil and gas exploration company at artificially inflated prices.