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Louisiana Municipal Police Employees Retirement System v. Continental Resources Inc et al
Case Number:
5:12-cv-00667
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May 17, 2013
Continental Ducks Shareholder Suit Over $313M Oil Asset Buy
An Oklahoma federal judge on Thursday dismissed a lawsuit accusing Continental Resources Inc. of withholding information from shareholders about a $313 million oil assets acquisition, ruling that Continental executives didn't breach their fiduciary duties because a proxy statement contained enough information about the deal.
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August 10, 2012
Continental Shareholders OK $340M Oil Asset Purchase
Shareholders of Continental Resources Inc. voted to approve a $340 million acquisition of oil assets Friday, a day after an Oklahoma federal judge rejected an attempt by a Louisiana retirement fund to keep the vote from happening.