Correction: ClassicStar Owner Geostar Did Not Merge With Gastar

An article published at bloodhorse.com Sept. 11 detailing an investors lawsuit against ClassicStar incorrectly stated that a private company, Geostar, merged with a publicly traded company, Gastar (AMEX: GST), earlier in 2006.

According to Tony Ferguson, who currently manages ClassicStar, GeoStar is the owner of ClassicStar and is a minority shareholder in Gastar.

In addition, the article incorrectly stated that a report from the Kentucky Secretary of State's office listed Gastar as the managing entity of ClassicStar; the report listed for ClassicStar's members/managers a Michigan address that had been used by both Gastar and Geostar.

The Blood-Horse regrets the errors.

Most Popular Stories