Houston American Energy Announces Final Judgment Settling And Dismissing Shareholder Class Action Lawsuit

Jul 30, 2015, 08:00 ET from Houston American Energy Corp.

HOUSTON, July 30, 2015 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA) today announced that the United States District Court for the Southern District of Texas has rendered a Final Judgment and Order of Dismissal with Prejudice in the company's previously pending shareholder class action lawsuit.

The judgment approved the previously announced settlement of the suit pursuant to which the company's insurance company funded the full cost of settling the claims comprising the class action lawsuit.

About Houston American Energy Corp.

Based in Houston, Texas, Houston American Energy Corp is an independent energy company with interests in oil and natural gas wells and prospects. The Company's business strategy includes a property mix of producing and non-producing assets with a focus on Colombia, Texas and Louisiana. Additional information can be accessed by reviewing our Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

For additional information, view the company's website at www.houstonamericanenergy.com or contact the Houston American Energy Corp. at (713) 222-6966.

 

SOURCE Houston American Energy Corp.



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