GeoMet (GMET) Announces Favorable Ruling
More News related to CNX
- CNX Gas Employees Reach Another Safety Milestone
- Notable Analyst Rating Changes 12/2: AMR/UAUA, RFMD, STI, SAY, KBH, BBT Upgraded; STZ, MTL, BWP, POM Downgraded
- BMO Capital Initiates Coverage on CONSOL Energy (CNX) with a Market Perform
- CONSOL Energy's (CNX) Hoffman Announces Retirement
- CONSOL Executive Announces Retirement
More News related to CXG
- CNX Gas Employees Reach Another Safety Milestone
- CONSOL Energy to Present at Raymond James Conference
- CONSOL Energy Reports Net Income of $87.4 Million
- CNX Gas Reports Net Income of $35.5 Million
- CONSOL Energy Inc. and CNX Gas Corporation Announce Third Quarter Results Conference Call
More News related to GMET
- GeoMet (GMET) Files $60M Mixed Shelf
- Global Hunter Securities Downgrades GeoMet (GMET) to Neutral
- Unusual 11 Mid-Day Movers 11/13: CNIC, NLST, SRZ, SSTI Higher; GMET, LIME, BIOF, ESE Lower
- Morning Movers 11/13: CNIC, TSTC, NLST, AGO, SLI Higher; LIME, GMET, BIOF, DISK, MRGE, SSY Lower
- GeoMet Announces Financial and Operating Results for the Quarter Ended September 30, 2009, a Reduction in Proved Natural Gas Reserves at September 30, 2009 and Schedules Conference Call for the Quarte
More News related to Corporate News
- After-Hours Movers 12/03: LAVA, MRVL, FLOW, NX, AVGO Higher; TTWO, VSNT, SWHC, ZIOP, MENT, WES Lower
- Trading Radar for 12/4: Big Lots (BIG), Royal Bank of Canada (RY), Sirona Dental (SIRO) Report
- Unusual 11 Mid-Day Movers 12/03: ICOC, KTCC, CCRT, FFHL Higher; GRH, RSCR, ALOY, ARO Lower
- Notable Analyst Rating Changes 12/03: BAC, BKD, AVB, THC, RIG Upgraded; KIM, GENZ, REG, TCK Downgraded
- Notable Midday ETF Movers 12/3: EWJ, TUR Up; UNG, OIH, GDX Down
GeoMet, Inc. (Nasdaq: GMET) announces that a state court in Virginia has upheld its principal antitrust claims against CNX Gas Company LLC (NYSE: CXG), Consol Energy, Inc. (NYSE: CNX), and certain of their affiliates, which are defendants in GeoMet's lawsuit seeking $385.6 million in damages for alleged violations of the Virginia Antitrust Act and other state law claims.
The lawsuit, filed in 2007 by GeoMet and its subsidiaries, seeks damages from CNX for alleged efforts to monopolize the markets for production and transportation of coalbed methane in the Oakwood Field in southwestern Virginia.
Related Categories
Corporate NewsStocks Mentioned
-1.36
+0.22Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
