Fortuna fined for misleading lease holders

Albany, N.Y.

Attorney General Andrew M. Cuomo today announced that his office has reached an agreement with Fortuna Energy, Inc. that will allow customers who were misled and ended up extending their natural gas leases with the company to renegotiate their terms. The settlement also stops Fortuna from
employing industry-prevalent misleading and deceptive tactics to secure from New York landowners.

The company also agreed to pay $192,500 to the state in connection with the settlement.


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