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SPAC Investors Hit Alta Mesa With Fraud Suit Over $3.8B Deal

By Morgan Conley ( August 4, 2022, 9:28 PM EDT) -- Investors in an energy-focused special-purpose acquisition company have slapped oil exploration company Alta Mesa Resources Inc. and its past leadership with a securities fraud suit, alleging they lost tens of millions of dollars following the $3.8 billion deal that created Alta Mesa. ...

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