November 03, 2016
Investors suing Cobalt International Energy Inc. for allegedly pumping up its stocks and bonds by hiding the fact that it bribed Angolan government officials to get oil-drilling permits for wells that did not actually yield much oil asked a Texas federal court Wednesday to grant them class status.
September 01, 2015
A group of aggrieved investors urged a Texas federal district court Monday to deny a motion to dismiss their proposed class action alleging private equity-owned Cobalt International Energy Inc. bribed government officials in Angola and made misrepresentations to stock and bond investors that led to billions in losses.
March 04, 2015
A Texas federal judge on Tuesday appointed Bernstein Litowitz Berger & Grossmann LLP and Entwistle & Cappucci LLP as co-lead counsel in a proposed class action alleging Cobalt International Energy Inc. bribed a foreign government and made misleading statements to stock and bond investors, leading to billions in losses.
December 01, 2014
Pension funds representing a proposed class of Cobalt International Energy Inc. shareholders sued the oil exploration company on Sunday for allegedly bribing a foreign government and making misleading statements to investors, leading to billions of dollars in losses.