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Vaccaro v. New Source Energy Partners L.P. et al
Case Number:
1:15-cv-08954
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Janney Montgomery Scott LLC
- Oppenheimer Holdings Inc.
- Robert W. Baird & Co. Inc.
- Wunderlich Securities Inc.
Sectors & Industries:
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June 20, 2017
Bankrupt Energy Co. Settles Preferred-Share Suit For $2.9M
New Source Energy Partners LP investors asked a New York federal judge Monday to preliminarily sign off on a $2.85 million settlement that would resolve a shareholder disclosure suit over the bankrupt oil and gas company's 2015 preferred-share offering.
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May 05, 2017
Bankrupt Energy Co. Reaches Deal In Shareholder Suit
Bankrupt oil and gas company New Source Energy Partners LP has reached a settlement in principle with investors who claim they were misled about the company's $40 million 2015 preferred share offering, according to documents filed in New York federal court Thursday.
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December 20, 2016
Bankrupt Oil Co. Gives Preferred-Share Action The Slip
A Manhattan federal judge dismissed a class action lawsuit against New Source Energy Partners LP and underwriters over the company's $40 million 2015 preferred-share offering Monday, finding that the bankrupt oil and gas portfolio's risk-disclosures were "precise" and "exhaustive" and did not run afoul of the securities laws.