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Fracking

A pension fund sued directors of ProPetro Holding Corp. in federal court, claiming they misrepresented the oil fracking company’s performance during its $175 million IPO, after which the share price plummeted.

MIDLAND, Texas — A pension fund accuses directors of ProPetro Holding Corp. in a federal complaint of having misrepresented the oil fracking company’s performance during its $175 million IPO, after which the share price plummeted.

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