UPDATE 1-Oilfield firm ProPetro ousts CEO over lack of loan disclosure
15 Mar UPDATE 1-Oilfield firm ProPetro ousts CEO over lack of loan disclosure
Posted at 14:42h
in
News
by KMFSLLP
Oilfield services firm ProPetro Holding
Corp disclosed on Monday it ousted Chief Executive
Officer Dale Redman, saying he violated its insider trading
policies over use of shares pledged for personal loans, and
admitted it had issued inaccurate information on his holdings.
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