Contango Oil & Gas Company Common Stock (TX) (AMEX: MCF)
The Complaint alleges that on July 23, 2021, in order to solicit Contango shareholders to vote in favor of the Proposed Transactions, Defendants authorized the filing of a materially incomplete and misleading Registration Statement on Form S-4 (the “Registration Statement”). In particular, the Complaint alleges that the Registration Statement contains materially incomplete and misleading information concerning: (i) financial projections for Contango and Independence, (ii) the valuation analyses performed by Contango’s financial advisor.