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Saturday, June 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Oil Execs Accused Of Inside Trading

HOUSTON (CN) - Shareholders say directors of Superior Offshore International illegally used inside information on the company's declining operations in the Gulf of Mexico to dump $152 million in shares at inflated prices, while offering misleading public statements during the company's April 2007 initial public offering.

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