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It is alleged in the complaint that throughout the Class Period Apache made misleading and/or false statements and/or failed to disclose that: (1) Apache intentionally used assumptions that were unrealistic in regard to the composition and amount of available gas and oil in Alpine High; (2) Apache did not have the proper infrastructure in place to economically and/or safely drill and/or transport those resources even if they existed in the amounts purported; (3) these misleading statements and omissions inflated the value of Apache s operations in the Permian Basin artificially; and (4) as a result, Apache s public statements were materially misleading and false at all relevant times. The lawsuit claims that investors suffered damages when the true details entered the market.

Lesleyf portnoyPortnoy law firmApache corporationClass period apacheAlpine highPermian basinபோற்த்னோய் சட்டம் நிறுவனம்அப்பாச்சி நிறுவனம்ஆல்பைன் உயர்பெர்மியன் பேசின்