NYSE:GELOil and Gas
Assessing Genesis Energy (GEL) Valuation As Sexual Assault Lawsuit Raises Governance Concerns
Genesis Energy (GEL) is facing a sexual assault lawsuit in Harris County State Court that names the company and a current board member, with Jane Doe seeking US$50 million in compensatory and punitive damages.
See our latest analysis for Genesis Energy.
The lawsuit lands at a time when Genesis Energy’s share price, now at US$17.78, has pulled back 2.79% over one day but still carries an 11.96% year to date share price return and an 18.10% one year total shareholder return. This builds on a...