Lawsuit alleges Cabot Oil and Gas misled shareholders – Wilkes-Barre Citizens Voice

Lawsuit alleges Cabot Oil and Gas misled shareholders – Wilkes-Barre Citizens Voice

Cabot Oil & Gas Corp. has repeatedly downplayed the seriousness of investigations into alleged environmental violations to ensure the company’s stock price remains artificially high, according to a federal class action lawsuit. Filed on behalf of the Delaware County Employees Retirement System, the lawsuit alleges that the misleading statements kept investors from knowing the real […]

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