Energy Co. Origis Exits Investor Suit Over Devalued Shares

By Katryna Perera (March 27, 2024, 10:35 PM EDT) -- Renewable energy company Origis USA Inc. has escaped a suit by former shareholders after a New York federal judge concluded that the plaintiffs failed to show that the company was privy to an alleged scheme by its now-former CEO to induce them to sell their stakes for considerably less than the $1.4 billion they were later sold for....

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