The British Columbia Supreme Court of Justice has approved the Settlement Agreement in Catherine Bowles v. Reconnaissance Energy Africa Ltd. (Court File No. VLC-S-S-233808) in a class action alleging the disclosure of unrealistic fracking intentions and the omission of material facts concerning data from the Company’s promotional test well announcements.

Gregg Edwards was retained by Berger Montague (Canada) PC on behalf of investors to provide expert opinions relating to primary and secondary market damages in this matter.

For more information on the settlement, click here.