Hey guys, I guess there are some APA investors here. If you missed it, they’ve already started making payments to investors over the Alpine High scandal they had a few years ago. So I decided to post about it again.
For the newbies here, back in 2016, Alpine High was a big focus for APA, and the company promised great potential there. But, in 2020 they cut off the project, and the gas production in the region alleging weak pricing. When the news about it came out, investors sued APA, saying it misled them about the project’s prospects.
The good news is that APA has agreed to a $65M settlement to resolve the situation, and the deadline is next week, so, if you got hit back then, you can check here if you are eligible and file for it. Hope this helps!
APA Is Paying $65M Settlement to Investors
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