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This document summarizes a court case involving Parker & Parsley Petroleum Company suing Dresser Industries and related companies for fraud and racketeering related to oil well stimulation services. Parker & Parsley alleged Dresser used less materials than agreed, reducing oil extraction. The district court dismissed RICO claims but retained state law claims. After a jury trial awarding $185 million in damages, the appellate court vacated the judgment, finding no federal jurisdiction due to failure to estab

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Scribd Government Docs

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