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Erin Energy Corp (NYSEMKT:ERN) Investor Filed Lawsuit Against CEO Over Alleged Wrongdoing

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Lawsuit Overview

February 17, 2016 (Shareholders Foundation) - A current investor in shares of Erin Energy Corp (NYSEMKT:ERN) filed a lawsuit against the CEO and certain directors of Erin Energy in connection with oil leases in Africa. The plaintiff claims that the CEO of Erin Energy Corp strong-armed Erin Energy Corp to overpay by almost $200 million for oil leases off the coast of Nigeria in an are...



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