May 22, 2017
A Texas federal judge on Monday dismissed oil and gas company Camber Energy Inc.'s suit against a key investor for allegedly forcing it to issue shares that drove down its stock value into a “death spiral” based on a strained interpretation of an “unconscionable” contract.
May 17, 2017
A fund that lent money to oil and gas driller Camber Energy Inc. only to be sued for converting its debt into Camber stock asked a Texas federal judge on Tuesday to give the fund a way to sell the shares before Camber's "death spiral" whittles the stock price even further.
May 10, 2017
Oil and gas company Camber Energy Inc. asked a Texas federal judge on Tuesday to prevent a key investor from compelling it to issue new shares, saying the investor's moves rest on a strained interpretation of "unconscionable" contracts and are driving Camber toward bankruptcy.