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Court Allows Lawsuit Against Delta Petroleum Executives

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A group of Delta Petroleum's securities investors who say that the company's stock traded at artificially high prices have been given approval by a bankruptcy court to proceed with a lawsuit against Delta Petroleum's top executives, Dow Jones DBR Small Cap reported today. On April 18, shareholders filed a case with the U.S. District Court in Colorado against Delta Petroleum's chairman, chief executive and chief financial officer.