June 30, 2015
Houston American Energy Corp. has agreed to pay $7 million to settle a Texas shareholder class action that followed its stock price drop and came alongside an SEC investigation, according to a Tuesday legal filing.
April 30, 2012
A shareholder hit Houston American Energy Corp. and its two top executives on Friday with a proposed class action claiming their false statements and omissions caused stock in the oil and gas company to trade at artificially inflated prices that have since tumbled twice this year.