Shale Oil Fraud Case Reveals Executives Ignore Their Own Engineers and Mislead Investors

DeSmogBlog
By Justin MikulkaJun 11, 2021, 2:25 pm263 pts
In April, a judge ruled that a lawsuit filed by former investors in the shale oil company Alta Mesa could proceed. Their case alleges multiple instances of fraud and reveals that not only did engineers in the company warn executives that they were lying to investors about oil production estimates but that…

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