December 22, 2022
A New York federal judge granted final approval Wednesday to a nearly $14 million settlement reached between a class of Dakota Plains Holdings Inc. investors and the now-defunct oil transloading company's officers and directors and also reduced the potential damages owed by one of the company's co-founders.
September 15, 2022
A co-founder of Dakota Plains Holdings Inc. will not get a new judgment or trial after being found liable by a jury for securities fraud, after a New York federal judge denied his request in a class action accusing the defunct oil transloading company's officers and directors of engaging in a stock manipulation scheme.
June 14, 2022
A New York federal jury on Tuesday found Dakota Plains Holdings Inc. co-founder Michael Reger liable for securities fraud but not for insider trading, capping an investor class action accusing the defunct oil transloading company's officers and directors of engaging in a stock manipulation scheme.
May 24, 2022
A class of Dakota Plains Holdings Inc. investors asked a New York federal judge on Monday to give the first green light to a nearly $14 million settlement they reached with the defunct oil transloading company's officers and directors over a purported stock manipulation scheme.
July 18, 2019
A proposed class of investors in Dakota Plains Holdings Inc. on Thursday urged a New York federal judge to certify a class action against the bosses of the defunct oil transloading company over a purported stock manipulation scheme, citing the commonality of investor claims.
March 20, 2018
A New York federal judge on Tuesday refused to dismiss a class action securities fraud suit filed against the founder of a now-bankrupt railroad oil shipper, saying the complaint backed up claims the executive and others participated in a complex scheme to rake in millions by manipulating the company's stock price.