Michael Reger makes another exit at Northern Oil and Gas
Company says co-founder is leaving to pursue opportunities outside the Williston Basin.
Source: startribune.com
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Company says co-founder is leaving to pursue opportunities outside the Williston Basin.
Reger stood trial in a lawsuit by Dakota Plains shareholders, while the company's other principals recently settled.
A New York federal jury on Tuesday found Dakota Plains Holdings Inc. co-founder Michael Reger liable for securities fraud but not for insider trading, capping an investor class action accusing the defunct oil transloading company's officers and directors of engaging in a stock manipulation scheme.