Tellurian’s Charif Souki Responds to Investor Lawsuit

Tellurian co-founder Charif Souki on Monday challenged the credibility of Tellurian investor Chris Parker, who recently filed a lawsuit that alleges Souki reneged on a promise to indemnify Parker, who owns about 2% of outstanding stock in the Houston-based natural gas company, after losing tens-of-millions from Tellurian’s decline in share value. 

“We did not have those conversations,” Souki said of the alleged indemnification discussions during a phone call Monday with The Texas Lawbook and his lawyer, Tim McConn of Yetter Coleman. “I have never done any business with him (Parker).”