B.C. court approves $5M settlement in ReconAfrica securities class action

By Karunjit Singh ( July 2, 2024, 3:46 PM EDT) -- The B.C. Supreme Court has approved a $5,075,000 settlement of a class action concerning allegations that Calgary-based oil company ReconAfrica negligently indicated planned fracking in Namibia, even though it was not clear that Namibia would permit fracking, according to a release by law firm Berger Montague....