AMR.US
id: 1362
Alta Mesa Resources (AMR) Investor Settlement
The court has approved the settlement.
S.D. Texas
Court4:19-cv-00957
Case number08/16/2017
Class period Start05/17/2019
Class period EndAlta Mesa Resources reached an agreement with $AMR investors to settle claims related to misleading them about the financial health of its oil and gas assets after a merger.
Case Status
Preliminary Approved Settlement
Alleged Offence
Mismanagement,
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Filing date
01/30/2019
Plaintiffs
Paul J. Burbach
Attorneys
Entwistle & Cappucci LLP; Robbins Geller Rudman & Dowd
Defendants
James T. Hackett
Judge
Hon. George C Hanks, Jr.
Administrator
JND Legal Administration
Settlement agreement date
2024-10-16
Court hearing date
04/30/2025
Exclusion deadline
05/17/2024
Trades matching type
FIFO
+$126,299,998
Cash Settlement Amount