Mammoth Energy Services Inc

Case Details

Class Period:
October 19, 2017 – June 5, 2019
Date Filed:
June 7, 2019
Case Number:
5:19-cv-00522
Jurisdiction:
Oklahoma Western District Court

Case Summary

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Mammoth's subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion; (2) specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process; and (3) as a result, Defendants' statements about Mammoth's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Action Details

View Complaint (pdf)

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