Apache Investors Get First OK On $65M Deal In Drilling Suit

By Katryna Perera (May 14, 2024, 10:10 PM EDT) -- A U.S. magistrate judge has given the first green light to a $65 million settlement resolving a lawsuit against oil and gas company Apache Corp. filed by investors alleging they were deceived by promises of a potentially lucrative drilling project that ultimately led to a $3 billion write-down when it went bust....

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