Former Aurora LNG executives Borge Johansen and Nicolai Jebsen are heading a group of minority shareholders pursuing a lawsuit against BW LPG linked to a 2016 takeover.
The plaintiffs, who include former Aurora chief executive Johansen and chief financial officer Jebsen, allege BW LPG had inside information when it bought up shares in the VLGC specialist.
That prevented the Aurora shareholders from selling at better prices, the litigation claims.